Trump Signs Order Launching TrumpIRA.gov Retirement Platform

Donald Trump signed an executive order on April 30, 2026, directing the United States Department of the Treasury to launch TrumpIRA.gov by January 1, 2027. The platform aims to assist approximately 50 million Americans—including independent contractors and part-time workers—who lack employer-sponsored retirement plans by allowing them to compare low-cost private-sector Individual Retirement Accounts (IRAs). To be listed on the site, providers must maintain annual fees below 0.15% and eliminate minimum contribution requirements.

The initiative integrates the Federal Saver’s Match program, based on 2022 legislation passed under Joe Biden. This program provide a government match of 50% on the first $2,000 of annual contributions, totaling up to $1,000 for eligible low-income earners. Under the current framework, the match is available to single taxpayers with a modified adjusted gross income of $20,500 or less, or joint filers up to $41,000, with a general individual income limit of $35,500.

National Economic Council Director Kevin Hassett stated that the administration is seeking bipartisan Congressional approval to expand the Saver’s Match eligibility to middle-income workers earning more than $35,000 per year. The program also allows charities to contribute to these accounts. The AARP praised the move for expanding retirement account access for a broader segment of the workforce.