President Donald J. Trump announced the creation of TrumpIRA.gov, a website designed to help workers without employer‑sponsored retirement plans access low‑cost individual retirement accounts and a federal savings match. The order directs the Secretary of the Treasury to launch the site by January 1, 2027, listing financial institutions that offer IRAs meeting cost, quality, and transparency standards, including low expense ratios of 0.15 % and no minimum‑contribution or balance requirements. Eligible contributors may receive up to $1,000 in Federal Saver’s Match contributions under the SECURE 2.0 Act. The Treasury will also guide institutions to accept these matches and ensure the platform raises public awareness of this savings opportunity. The initiative targets independent contractors, self‑employed workers, and those in small businesses.
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