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Latin Times
Latin Times
National
Alicia Civita

Trump Signs Order To Create Retirement Accounts For Workers Without 401(k)s

President Donald Trump signed an executive order Thursday creating a new federal website meant to help millions of workers without employer-sponsored retirement plans open low-cost individual retirement accounts, a move the White House says will expand access to savings tools long available to federal employees.

The order directs the Treasury Department to launch TrumpIRA.gov by Jan. 1, 2027, where workers will be able to compare private-sector IRA options and identify financial institutions that accept the federal Saver's Match, a government contribution of up to $1,000 a year for eligible lower- and middle-income savers.

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