diff --git a/README.md b/README.md
index b62845a51..ece0d9ddb 100644
--- a/README.md
+++ b/README.md
@@ -108,17 +108,18 @@ There are four different supported ways to retrieve credentials. We recommend
 using [GitHub's OIDC provider](https://docs.github.com/en/actions/deployment/security-hardening-your-deployments/configuring-openid-connect-in-amazon-web-services)
 to get short-lived credentials needed for your actions. Specifying
 `role-to-assume` **without** providing an `aws-access-key-id` or a
-`web-identity-token-file` will signal to the action that you wish to use the
-OIDC provider.
+`web-identity-token-file`, or setting `role-chaining`, will signal to the action that you wish to use the
+OIDC provider. If `role-chaining` is `true`, existing credentials in the environment will be used to assume `role-to-assume`.
 
 The following table describes which identity is used based on which values are supplied to the Action:
 
-| **Identity Used**                                               | `aws-access-key-id` | `role-to-assume` | `web-identity-token-file` |
-| --------------------------------------------------------------- | ------------------- | ---------------- | ------------------------- |
-| [✅ Recommended] Assume Role directly using GitHub OIDC provider |                     | ✔                |                           |
-| IAM User                                                        | ✔                   |                  |                           |
-| Assume Role using IAM User credentials                          | ✔                   | ✔                |                           |
-| Assume Role using WebIdentity Token File credentials            |                     | ✔                | ✔                         |
+| **Identity Used**                                               | `aws-access-key-id` | `role-to-assume` | `web-identity-token-file` | `role-chaining` |
+| --------------------------------------------------------------- | ------------------- | ---------------- | ------------------------- | - |
+| [✅ Recommended] Assume Role directly using GitHub OIDC provider |                     | ✔                |                           | |
+| IAM User                                                        | ✔                   |                  |                           | |
+| Assume Role using IAM User credentials                          | ✔                   | ✔                |                           | |
+| Assume Role using WebIdentity Token File credentials            |                     | ✔                | ✔                         | |
+| Assume Role using existing credentials | | ✔ | | ✔ |
 
 ### Credential Lifetime
 The default session duration is **1 hour** when using the OIDC provider to
@@ -148,6 +149,23 @@ In this example, the Action will load the OIDC token from the GitHub-provided en
 ```yaml
     - name: Configure AWS Credentials
       uses: aws-actions/configure-aws-credentials@v2
+      with:
+        aws-region: us-east-2
+        role-to-assume: arn:aws:iam::123456789100:role/my-github-actions-role
+        role-session-name: MySessionName
+    - name: Configure other AWS Credentials
+      uses: aws-actions/configure-aws-credentials@v2
+      with:
+        aws-region: us-east-2
+        role-to-assume: arn:aws:iam::987654321000:role/my-second-role
+        role-session-name: MySessionName
+        role-chaining: true
+```
+In this two-step example, the first step will use OIDC to assume the role `arn:aws:iam::123456789100:role/my-github-actions-role` just as in the prior example. Following that, a second step will use this role to assume a different role, `arn:aws:iam::987654321000:role/my-second-role`.
+
+```yaml
+    - name: Configure AWS Credentials
+      uses: aws-actions/configure-aws-credentials@v1
       with:
         aws-access-key-id: ${{ secrets.AWS_ACCESS_KEY_ID }}
         aws-secret-access-key: ${{ secrets.AWS_SECRET_ACCESS_KEY }}
diff --git a/action.yml b/action.yml
index a2e8312d2..ef82373b5 100644
--- a/action.yml
+++ b/action.yml
@@ -58,6 +58,9 @@ inputs:
   http-proxy:
     description: 'Proxy to use for the AWS SDK agent'
     required: false
+  role-chaining:
+    description: 'Use existing credentials from the environment to assume a new role'
+    required: false
 outputs:
   aws-account-id:
     description: 'The AWS account ID for the provided credentials'
diff --git a/dist/index.js b/dist/index.js
index 675f8e7ef..2e10286c0 100644
--- a/dist/index.js
+++ b/dist/index.js
@@ -49238,7 +49238,7 @@ function loadCredentials() {
   });
 }
 
-async function validateCredentials(expectedAccessKeyId) {
+async function validateCredentials(expectedAccessKeyId, roleChaining) {
   let credentials;
   try {
     credentials = await loadCredentials();
@@ -49250,10 +49250,12 @@ async function validateCredentials(expectedAccessKeyId) {
     throw new Error(`Credentials could not be loaded, please check your action inputs: ${error.message}`);
   }
 
-  const actualAccessKeyId = credentials.accessKeyId;
+  if (!roleChaining) {
+    const actualAccessKeyId = credentials.accessKeyId;
 
-  if (expectedAccessKeyId && expectedAccessKeyId != actualAccessKeyId) {
-    throw new Error('Unexpected failure: Credentials loaded by the SDK do not match the access key ID configured by the action');
+    if (expectedAccessKeyId && expectedAccessKeyId != actualAccessKeyId) {
+      throw new Error('Unexpected failure: Credentials loaded by the SDK do not match the access key ID configured by the action');
+    }
   }
 }
 
@@ -49319,11 +49321,14 @@ async function run() {
     const maskAccountId = core.getInput('mask-aws-account-id', { required: false });
     const roleToAssume = core.getInput('role-to-assume', {required: false});
     const roleExternalId = core.getInput('role-external-id', { required: false });
+    const roleChainingInput = core.getInput('role-chaining', { required: false }) || 'false';
+    const roleChaining = roleChainingInput.toLowerCase() === 'true';
     let roleDurationSeconds = core.getInput('role-duration-seconds', {required: false})
     || (sessionToken && SESSION_ROLE_DURATION)
+    || (roleChaining && SESSION_ROLE_DURATION)
     || MAX_ACTION_RUNTIME;
     const roleSessionName = core.getInput('role-session-name', { required: false }) || ROLE_SESSION_NAME;
-    const roleSkipSessionTaggingInput = core.getInput('role-skip-session-tagging', { required: false })|| 'false';
+    const roleSkipSessionTaggingInput = core.getInput('role-skip-session-tagging', { required: false }) || 'false';
     const roleSkipSessionTagging = roleSkipSessionTaggingInput.toLowerCase() === 'true';
     const webIdentityTokenFile = core.getInput('web-identity-token-file', { required: false });
     const proxyServer = core.getInput('http-proxy', { required: false });
@@ -49341,7 +49346,8 @@ async function run() {
         // environment variable and they won't be providing a web idenity token file or access key either.
         // V2 of the action might relax this a bit and create an explicit precedence for these so that customers
         // can provide as much info as they want and we will follow the established credential loading precedence.
-        return roleToAssume && process.env.ACTIONS_ID_TOKEN_REQUEST_TOKEN && !accessKeyId && !webIdentityTokenFile
+
+        return roleToAssume && process.env.ACTIONS_ID_TOKEN_REQUEST_TOKEN && !accessKeyId && !webIdentityTokenFile && !roleChaining
     }
 
     // Always export the source credentials and account ID.
@@ -49375,7 +49381,7 @@ async function run() {
       // cases where this action is on a self-hosted runner that doesn't have credentials
       // configured correctly, and cases where the user intended to provide input
       // credentials but the secrets inputs resolved to empty strings.
-      await validateCredentials(accessKeyId);
+      await validateCredentials(accessKeyId, roleChaining);
 
       sourceAccountId = await exportAccountId(maskAccountId, region);
     }
diff --git a/index.js b/index.js
index 06c546b16..418063980 100644
--- a/index.js
+++ b/index.js
@@ -211,7 +211,7 @@ function loadCredentials() {
   });
 }
 
-async function validateCredentials(expectedAccessKeyId) {
+async function validateCredentials(expectedAccessKeyId, roleChaining) {
   let credentials;
   try {
     credentials = await loadCredentials();
@@ -223,10 +223,12 @@ async function validateCredentials(expectedAccessKeyId) {
     throw new Error(`Credentials could not be loaded, please check your action inputs: ${error.message}`);
   }
 
-  const actualAccessKeyId = credentials.accessKeyId;
+  if (!roleChaining) {
+    const actualAccessKeyId = credentials.accessKeyId;
 
-  if (expectedAccessKeyId && expectedAccessKeyId != actualAccessKeyId) {
-    throw new Error('Unexpected failure: Credentials loaded by the SDK do not match the access key ID configured by the action');
+    if (expectedAccessKeyId && expectedAccessKeyId != actualAccessKeyId) {
+      throw new Error('Unexpected failure: Credentials loaded by the SDK do not match the access key ID configured by the action');
+    }
   }
 }
 
@@ -292,11 +294,14 @@ async function run() {
     const maskAccountId = core.getInput('mask-aws-account-id', { required: false });
     const roleToAssume = core.getInput('role-to-assume', {required: false});
     const roleExternalId = core.getInput('role-external-id', { required: false });
+    const roleChainingInput = core.getInput('role-chaining', { required: false }) || 'false';
+    const roleChaining = roleChainingInput.toLowerCase() === 'true';
     let roleDurationSeconds = core.getInput('role-duration-seconds', {required: false})
     || (sessionToken && SESSION_ROLE_DURATION)
+    || (roleChaining && SESSION_ROLE_DURATION)
     || MAX_ACTION_RUNTIME;
     const roleSessionName = core.getInput('role-session-name', { required: false }) || ROLE_SESSION_NAME;
-    const roleSkipSessionTaggingInput = core.getInput('role-skip-session-tagging', { required: false })|| 'false';
+    const roleSkipSessionTaggingInput = core.getInput('role-skip-session-tagging', { required: false }) || 'false';
     const roleSkipSessionTagging = roleSkipSessionTaggingInput.toLowerCase() === 'true';
     const webIdentityTokenFile = core.getInput('web-identity-token-file', { required: false });
     const proxyServer = core.getInput('http-proxy', { required: false });
@@ -314,7 +319,8 @@ async function run() {
         // environment variable and they won't be providing a web idenity token file or access key either.
         // V2 of the action might relax this a bit and create an explicit precedence for these so that customers
         // can provide as much info as they want and we will follow the established credential loading precedence.
-        return roleToAssume && process.env.ACTIONS_ID_TOKEN_REQUEST_TOKEN && !accessKeyId && !webIdentityTokenFile
+
+        return roleToAssume && process.env.ACTIONS_ID_TOKEN_REQUEST_TOKEN && !accessKeyId && !webIdentityTokenFile && !roleChaining
     }
 
     // Always export the source credentials and account ID.
@@ -348,7 +354,7 @@ async function run() {
       // cases where this action is on a self-hosted runner that doesn't have credentials
       // configured correctly, and cases where the user intended to provide input
       // credentials but the secrets inputs resolved to empty strings.
-      await validateCredentials(accessKeyId);
+      await validateCredentials(accessKeyId, roleChaining);
 
       sourceAccountId = await exportAccountId(maskAccountId, region);
     }