US President Donald Trump ordered the launch of a new website, TrumpIRA.gov, where employees can research, compare and enroll in private sector retirement plans.
Trump signed an executive order Thursday to create a new way to save for retirement for workers who don’t currently have access to a 401(k) or another workplace plan.
The purpose of the website is to help workers enroll in private sector IRA accounts, through which, if they are eligible, they can collect a matching contribution from the federal government.
Trump floated the idea of expanding access to retirement accounts for workers without workplace plans during his State of the Union address in February.
Trump’s accounts will integrate with Saver’s Match, which will cost eligible taxpayers up to $1,000 a year.
About 56 million Americans do not have access to an employer-sponsored retirement plan at work, according to 2025 research from the Pew Charitable Trusts, an independent public policy nonprofit.
“Then you’ll be able to access the same type of retirement accounts that federal employees get through the Thrift Savings Plan, which are incredible,” Trump said at a White House press conference. “Low-income Americans will be eligible to receive up to $1,000 per year in matching funds deposited directly into their accounts.”
Semaphore first reported on the order, saying it directs the U.S. Treasury Department to launch a website called TrumpIRA.gov by January, when low-income workers are scheduled to receive a “saver’s match” through legislation passed under former Democratic President Joe Biden.
Trump touted the government’s contributions in his State of the Union address in February and frequently touted the ongoing gains on Wall Street, despite concerns over the ongoing war in Iran and the impact of its tariff policy on the economy.
Previously, the SECURE 2.0 legislation passed in 2022 upgraded the existing “Saver Credit” for workers making less than $35,000 to a 50% refundable “Saver Match” of up to $1,000, deposited directly into the saver’s account.
Under the planned new website, the Treasury Department will not partner with specific financial institutions as it did with its Trump accounts for some children, although it will investigate proposed plans, Semaphore reports.
