President Trump Introduces TrumpIRA.gov to Boost Retirement Savings for Low-Income Workers
President Trump has signed an executive order to launch TrumpIRA.gov, a federal initiative aimed at helping low-income workers build substantial retirement savings. The program, set to begin on January 1, 2027, will provide access to individual retirement accounts (IRAs) with low fees and a federal Saver's Match. This match could be worth up to $1,000 annually for single filers and $2,000 for married couples. The initiative targets workers without employer-sponsored retirement plans, such as independent contractors and part-time employees. The White House estimates that a 25-year-old worker saving $165 monthly could accumulate $465,000 by age 65, assuming a 6% annual return. The program aims to provide financial security to those traditionally excluded from retirement savings plans. 
