On April 30, 2026, President Trump signed an executive order aimed at the 56 million Americans currently lacking employer-sponsored retirement plans. The directive focuses on independent contractors, gig workers, and part-time staff. The Strategy The order instructs the Treasury Department to launch TrumpIRA.gov by January 1, 2027. This digital marketplace will allow workers to find and enroll in private-sector IRAs that meet high-quality, low-cost standards. Key Features • Federal Match: The initiative integrates with the "Saver’s Match" (SECURE 2.0 Act). Starting in 2027, low-to-moderate-income workers can receive up to $1,000 per year in direct federal matching contributions. • Gold Standard Fees: To be listed, plans must offer net-expense ratios of 0.15% or lower with no minimum balance requirements. • Total Portability: Accounts are designed to stay with the worker throughout their career, independent of any specifi...
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