The purpose of this executive order is to provide to left-out American workers access to retirement savings opportunities in portable savings vehicles that offer access to low-cost investments similar to those offered to federal workers in the Thrift Savings Plan. By January 1, 2027, the secretary of the treasury shall establish a website (TrumpIRA.gov) that provides individuals such as independent contractors, self-employed persons and other workers who do not have access to an employer-sponsored retirement plan, with information about high-quality, low-cost IRAs. Individuals who contribute to qualifying IRAs are entitled to a Federal Saver’s Match up to $1,000. TrumpIRA.gov shall (a) list financial institutions that offer IRAs under 26 U.S.C. 408, accept the Federal Saver’s Match contribution and meet other criteria as directed by the secretary of the treasury and (b) identify financial institutions that offer IRAs that provide a menu of investment options that meet stated criteria, including target retirement date options and funds designed to protect principal on an ongoing basis, that maintain low administrative costs and do not impose minimum contribution or balance requirements.
News | April 30, 2026