President Trump to Sign Executive Order Expanding Retirement Savings Access for Workers
President Donald Trump is set to sign an executive order on April 30, 2026, aimed at expanding access to retirement savings for workers whose employers do not offer 401(k)-type plans. The order will establish a new website, TrumpIRA.gov, allowing workers to enroll in private-sector retirement plans. This initiative coincides with the Saver’s Match, a program from the Biden administration that provides up to $1,000 annually in matching retirement contributions for lower-income workers. The TrumpIRA plan seeks to increase the number of American workers saving for retirement, addressing the issue that many full-time and part-time workers lack access to employer-sponsored retirement savings plans.