What Is Trump's Plan to Boost Retirement Savings?

Trump revealed a new retirement savings plan - will you benefit from it?

‘We will match your contribution with up to $1,000 each year,’ Trump said during his State of the Union speech this week

Trump has a plan for retirement accounts: Here’s what to know

During the State of the Union address on Tuesday, President Donald Trump mentioned the idea of government-supported retirement accounts for people who don’t already have them.“Half of all of working Americans still do not have access to a retirement plan with matching contributions from an employer,” Trump said. “To remedy this gross disparity, I’m announcing that next year, my administration will give these oft-forgotten American workers, great…

Trump pitches new retirement accounts with up to $1,000 annual federal match as soon as 'next year'—how to save now

President Donald Trump floated the idea of a federal retirement program with matching contributions during his State of the Union address.

What is Trump's plan to boost retirement savings?

How Would Trump’s Retirement Savings Idea Work For You?

In some respects, Trump’s idea is less generous than current law. Still, he'd fill some gaps for higher-income people who do not have sufficient savings for old age.

Trump's 'Federal 401(k)' Plan Promises a $1,000 Match. Here's How That Might Work

During the State of the Union address on Tuesday, President Donald Trump unveiled a new plan to help millions of workers save for retirement. Trump said his administration will roll out new federally administered retirement accounts geared toward the nearly 60 million Americans who don’t currently have access to a retirement benefits through their employer. The goal, he said, is to fix a “gross disparity” in retirement savings between workers wh…