President Trump Signs Executive Order to Expand Retirement Account Access for Workers
President Donald Trump has signed an executive order to create a new government website, TrumpIRA.gov, aimed at providing retirement savings options for workers without employer-sponsored plans. This initiative, announced on April 30, 2026, will allow workers to compare and enroll in private-sector IRA accounts, with the federal government offering a matching contribution of up to $1,000 for eligible low-income individuals. The executive order is part of the federal Saver's Match program, which is set to begin in 2027, and aims to provide similar retirement plan access to that of federal employees. The order also instructs the White House to collaborate with Congress to propose legislation to expand the coverage and savings credit.