Trump to sign order aimed at expanding access to retirement plans
The order would direct Treasury to launch TrumpIRA.gov, which could help 56 million private-sector workers without employer retirement benefits.
- On Thursday, President Donald Trump signed an executive order launching TrumpIRA.gov, a new website designed to help workers without employer-sponsored retirement plans find private-sector options.
- Approximately 56 million U.S. workers lack retirement benefits through their jobs, leaving nearly half of private-sector employees without access to employer-sponsored plans.
- The website lets users filter private-sector retirement plans by cost and contribution, Semafor reported, while syncing with the Biden-era 'Saver's match' providing up to $1,000 in government matching contributions.
- Amid declining approval ratings on the economy, the administration launched this initiative to reassure voters anxious about the ongoing conflict in Iran and elevated costs of living.
- Retirement savings policy remains a rare bipartisan area, as National Economic Council Director Kevin Hassett previously advocated for similar private-sector plans during the Biden administration.
18 Articles
18 Articles
Trump order aims to help more people get retirement savings plans in time for new federal match
An order coming from President Donald Trump calls for a new government website where people in the United States can find and compare private-sector retirement savings accounts.
Trump to sign order expanding workers’ access to retirement plans
President Donald Trump will sign an executive order Thursday that seeks to expand access to retirement plans for workers whose employers don’t provide one, two White House officials told Semafor. The administration will integrate its push with the so-called Saver’s Match, 2022 legislation that directs the federal government to match retirement-plan contributions from workers making...
Trump to Sign Order to Expand Access to Retirement Plans
President Donald Trump will sign an executive order aimed at expanding access to retirement plans for workers whose employers don’t offer that benefit, according to a White House official, a bid to refocus the administration’s messaging on economic issues.
Trump to Expand Retirement Plan Access for Uncovered Workers
President Donald Trump is set to sign an executive order aimed at increasing retirement plan access for employees without employer-provided options. This initiative aligns with the 2022 Saver’s Match legislation, which offers matching contributions for workers earning under $35,000, providing up to $1,000 in support starting next year.
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