04.30.26

Trump Signs Executive Order To Expand Access to Retirement Plans

by: Hadriana Lowenkron; Kate Sullivan

U.S. President Donald Trump has signed an executive order to expand retirement savings access for U.S. workers whose employers do not offer plans. The initiative would create a website, TrumpIRA.gov, allowing Americans to open low-cost IRA accounts, similar to federal Thrift Savings Plans, and provide matching contributions of up to $1,000 annually for low-income earners through an expanded Saver’s Match program. About 56 million U.S. workers currently lack employer-sponsored retirement plans.

Read the full article on Bloomberg