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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Trump's New Retirement Plan Could Offer Up To $1,000 A Year To Millions of Americans — Who Qualifies

Trump first proposed enhanced access to retirement plans for more Americans in 2025. (Credit: Gage Skidmore/Flickr)

US President Donald Trump signed an executive order yesterday to offer workers without access to 401(k)s a new way to enroll and save via private-sector individual retirement accounts (IRAs)

Why does this matter? Pew Charitable Trusts' 2025 research showed that around 56 million Americans don't have access to employer-sponsored retirement plans.

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