President Donald Trump signed a major executive order Thursday aimed at expanding access to retirement savings for millions of Americans who currently lack employer-sponsored plans.
The order does not create a new government-run program. Instead, it connects workers to existing private-sector retirement options—streamlining access and putting more control in the hands of individuals.
As part of the initiative, the Treasury Department will launch TrumpIRA.gov, a new platform where Americans can easily select retirement plans that fit their needs. The site will also allow eligible workers—those earning under $35,500 individually or $71,000 as a couple—to claim the federal Saver’s Match, boosting their retirement contributions.
“I’m thrilled to sign a historic executive order expanding access to high-quality retirement savings accounts for millions of Americans,” President Trump said during the Oval Office signing.
He added that the move fulfills a key promise from his State of the Union address:
“We’re making the same types of retirement accounts enjoyed by federal employees available to all Americans.”
The Saver’s Match program was originally authorized by Congress in 2022, but the Trump administration is now moving to fully implement and expand access to the benefit.
The executive action comes as the administration continues to prioritize affordability and financial security for working Americans. Recent polling shows growing concern about personal finances, underscoring the importance of policies aimed at strengthening long-term savings.
