{"id":29018,"date":"2026-05-02T16:06:06","date_gmt":"2026-05-02T16:06:06","guid":{"rendered":"https:\/\/stocksflux.com\/index.php\/2026\/05\/02\/trump-signs-executive-order-expanding-access-to-retirement-accounts\/"},"modified":"2026-05-02T16:06:06","modified_gmt":"2026-05-02T16:06:06","slug":"trump-signs-executive-order-expanding-access-to-retirement-accounts","status":"publish","type":"post","link":"https:\/\/stocksflux.com\/index.php\/2026\/05\/02\/trump-signs-executive-order-expanding-access-to-retirement-accounts\/","title":{"rendered":"Trump signs executive order expanding access to retirement accounts"},"content":{"rendered":"<p id=\"anchor-b35e36\" class=\"body-graf\">WASHINGTON \u2014 President Donald Trump signed an executive order on Thursday calling for a new government website where people in the United States can find and compare private-sector retirement savings accounts, aiming to help millions of workers whose employers do not offer such plans.<\/p>\n<p><button class=\"styles_subscriptionCTA__LOUeY\" id=\"subscriptionCTA\" type=\"button\"><\/p>\n<div class=\"styles_textWrapper__vxvko\">\n<p class=\"styles_text__daaVB styles_textLarge__qlzwu\">Subscribe to read this story ad-free    <\/p>\n<p class=\"styles_text__daaVB\">Get unlimited access to ad-free articles and exclusive content.<\/p>\n<\/div>\n<p><\/button><\/p>\n<p id=\"anchor-6d6be1\" class=\"body-graf\">The order is intended to help more people gain access to retirement plans before next year, when the federal government will start matching retirement contributions made by lower-income workers.<\/p>\n<div id=\"taboolaReadMoreBelow\"><\/div>\n<p id=\"anchor-14f387\" class=\"body-graf\">That new matching contribution, known as the Saver\u2019s Match, comes from 2022 legislation passed under Democratic President Joe Biden. Starting in January, it will offer a match of up to $1,000 for workers who make less than $35,000 a year.<\/p>\n<p id=\"anchor-4ac17f\" class=\"body-graf\">Trump\u2019s order is meant to help make the match available to roughly 50 million people who do not have retirement plans offered by their employers. The Republican president directed the Treasury Department to launch TrumpIRA.gov, where workers will be able to compare private-sector retirement plans.<\/p>\n<p id=\"anchor-ce1950\" class=\"body-graf\">\u201cFor millions of Americans who lack employer-sponsored plans, this will be really revolutionary, because they\u2019ll be covered,\u201d Trump said at an Oval Office signing ceremony.<\/p>\n<p id=\"anchor-870241\" class=\"body-graf\">He is not offering a new government retirement plan but helping match workers with existing plans from private companies.<\/p>\n<p id=\"anchor-d36f13\" class=\"body-graf\">Details of the order were first reported by the news outlet Semafor.<\/p>\n<div class=\"styles_recommendedIntersectionRef__vQEf5\" data-activity-map=\"recommended-article-body-recommended\" data-testid=\"recommended-wrapper\"><\/div>\n<p id=\"anchor-0f8cca\" class=\"body-graf\">Trump discussed the idea during his State of the Union address in February, when he noted that about half the people in the country do not have access to employer-provided retirement plans with matching contributions.<\/p>\n<div class=\"styles_recommendedIntersectionRef__vQEf5\" data-activity-map=\"recommended-article-body-recommended\" data-testid=\"recommended-wrapper\"><\/div>\n<p id=\"anchor-a7afa7\" class=\"body-graf\">\u201cTo remedy this gross disparity, I\u2019m announcing that next year my administration will give these often-forgotten American workers \u2014 great people, the people that built our country \u2014 access to the same type of retirement plan offered to every federal worker,\u201d Trump said.<\/p>\n<p id=\"anchor-c5b3e9\" class=\"body-graf\">The Saver\u2019s Match program will offer a maximum match of $1,000 for single filers and $2,000 for married couples who file jointly. The maximum will be limited to single filers earning less than $20,500, with smaller matches offered for those earning up to $35,500. It applies to contributions made toward 401(k) plans, IRAs and Roth IRAs.<\/p>\n<p id=\"anchor-e59f54\" class=\"body-graf\">Trump said he wants to take the match \u201cto the next level\u201d by asking Congress to expand it to those with incomes higher than $35,000 a year. Kevin Hassett, director of the White House\u2019s National Economic Council, said many middle-income earners also lack access to employer retirement plans.<\/p>\n<p id=\"anchor-859610\" class=\"endmark body-graf\">\u201cWe\u2019re working with Congress to significantly expand this program and are looking forward to legislation this year,\u201d Hassett said at the ceremony.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON \u2014 President Donald Trump signed an executive order on Thursday calling for a new government&hellip;<\/p>\n","protected":false},"author":1,"featured_media":29019,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-29018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/posts\/29018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/comments?post=29018"}],"version-history":[{"count":0,"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/posts\/29018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/media\/29019"}],"wp:attachment":[{"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/media?parent=29018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/categories?post=29018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocksflux.com\/index.php\/wp-json\/wp\/v2\/tags?post=29018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}