New TrumpIRA Site Offering $1,000 Retirement Match: See Who Is Eligible
The Trump administration launched a new website, TrumpIRA.gov, to help Americans without employer-sponsored retirement plans compare and enroll in private IRAs. The site supports access to the federal 'Saver’s Match' program, established under the 2022 SECURE 2.0 law, which provides up to $1,000 in annual government contributions to qualifying retirement accounts. The initiative, set to be operational before the Saver’s Match begins in January 2027, does not create a new government retirement program but facilitates enrollment in vetted private options.
- ▪The TrumpIRA.gov website aims to help workers without employer-sponsored retirement plans enroll in private IRAs.
- ▪The Saver’s Match program, created under the 2022 SECURE 2.0 law, offers eligible individuals up to $1,000 in annual federal contributions to retirement accounts.
- ▪Single filers earning under approximately $35,000 annually qualify for the full Saver’s Match benefit.
- ▪The Trump administration's executive order directs the Treasury Department to vet and list qualifying private-sector retirement accounts on the new site.
- ▪The TrumpIRA.gov site is expected to launch before the Saver’s Match program takes effect in January 2027.
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By Jenna Sundel and Gabe WhisnantShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.A new Trump administration website could allow some Americans to receive up to $1,000 a year in government‑matched retirement savings, under an executive order signed Thursday aimed at expanding access to individual retirement accounts.The site, TrumpIRA.gov, is designed as an online marketplace where workers without employer‑sponsored retirement plans can compare and enroll in private‑sector IRAs, according to the White House and the Treasury Department.
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