How to check if you’re eligible for new Trump retirement accounts – and how much in matching contributions you can get
President Trump signed an executive order to expand retirement savings access for millions of American workers through a new Federal Saver’s Match program. The initiative, set to launch via TrumpIRA.gov in January 2027, offers federal matching contributions of up to $1,000 for individuals and $2,000 for joint filers based on income and IRA contributions. Eligibility targets those without employer-sponsored retirement plans, including self-employed and part-time workers, with matching funds determined by 2027 tax returns.
- ▪President Trump signed an executive order to create the Federal Saver’s Match program to boost IRA savings for workers without employer-sponsored retirement plans.
- ▪Individuals with a Modified Adjusted Gross Income (MAGI) of $20,500 or less can receive up to $1,000 in federal matching, while joint filers can receive up to $2,000 if their income is between $41,000 and $71,000.
- ▪The TrumpIRA.gov website, launching in January 2027, will allow Americans to enroll in private-sector IRA plans eligible for federal matching contributions.
- ▪The Treasury Department and IRS are directed to issue guidance on tax treatment for philanthropic contributions to IRAs through the program.
- ▪About 41 million Americans aged 18–65 currently lack access to employer-provided retirement plans.
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Politics How to check if you’re eligible for new Trump retirement accounts – and how much in matching contributions you can get By Victor Nava Published April 30, 2026, 7:53 p.m. ET President Trump signed an executive order Thursday aimed at getting tens of millions of American workers enrolled in retirement accounts. The order further directs the Treasury Department to implement the Federal Saver’s Match program to boost Individual Retirement Account (IRA) savings. Here’s what you need to know about the new accounts and the billions of dollars in federal matching available. Low-income individuals will be eligible for up to $1,000 in federal matching.
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