President Donald J. Trump signed an executive order on April 30 2026 to expand access to individual retirement accounts (IRAs) for workers without employer‑sponsored plans. The order creates TrumpIRA.gov, a federal website that will launch on January 1 2027 and lets users compare low‑cost, high‑quality IRAs from private‑sector providers. Eligible workers may receive a Federal Saver’s Match of up to $1,000 per year. The Treasury and IRS will issue guidance on the tax treatment of contributions made by philanthropic organizations to IRAs on behalf of workers. The order also directs the Treasury to recommend legislation that would codify the program and maintain a permanent path for Americans to use the platform and matching program.
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