Trump expands access to private retirement plans with new government portal

President Trump signed an executive order to create a new government portal, TrumpIRA.gov, to help workers compare private-sector retirement options and access the Saver’s Match. The federal program, set to begin next January, will match contributions—up to $1,000 for single filers and $2,000 for married couples—with income thresholds down to $20,500 (phasing down to $35,500). It targets roughly 50 million Americans without employer-sponsored plans and is based on 2022 Biden-era legislation, with potential expansion sought from Congress.