Trump expands retirement access with a federal IRA and Saver’s Match

President Trump signed an executive order to broaden retirement savings for private-sector workers without employer plans by creating a federally run, low-cost IRA option via TrumpIRA.gov and pairing it with a Saver’s Match worth up to $1,000 per person ($2,000 per couple) for eligible low- and moderate-income savers. The plan emphasizes low fees (0.15% expense ratio cap), no minimum contributions, and increased public awareness, with Congress possibly needed to codify auto-enrollment and wider eligibility; Morningstar estimates auto-enrollment could bring tens of millions into a federal system, though participation under the voluntary Trump plan remains uncertain.