U.S. President Donald Trump will sign an executive order Thursday aimed at expanding access to retirement plans for workers without employer access through a new website, a White House official said.
The order directs the U.S. Department of Treasury to launch the website — called TrumpIRA.gov — by January, when low-income workers are set to receive a “saver’s match” under legislation passed by former Democratic President Joe Biden.
Trump touted the government contributions in his State of the Union address in February and has frequently heralded ongoing gains on Wall Street even as concerns over the impact of the ongoing war in Iran and his tariff policy hang over the economy.
The Secure 2.0 legislation, passed in 2022, upgraded an existing “saver’s credit” for workers making less than $35,000 to a refundable “saver’s match” of 50% up to $1,000 deposited directly into the saver’s account.
Under the new website framework, the Treasury Department will not partner with specific financial institutions as it did with its Trump Accounts for certain children; however, it will vet the plans offered.
A 2025 report from the Pew Charitable Trusts found that nearly half of U.S. workers in the private sector — or about 56 million people — get no retirement benefits through their jobs.
