On April 30, President Trump signed an executive order directing the Treasury Secretary to establish a website, TrumpIRA.gov, by January 1, 2027. The website is intended to help individuals—especially independent contractors, self-employed workers, and others without access to employer-sponsored retirement plans—find information about high-quality, low-cost individual retirement accounts (IRAs).
Individuals who contribute to qualifying IRAs and meet eligibility requirements may receive a Federal Saver’s Match contribution of up to $1,000 under section 6433 of the Internal Revenue Code.
The Saver’s Match program was enacted as part of Division T of the Consolidated Appropriations Act of 2023 (Public Law 117-328), commonly known as the SECURE 2.0 Act. Beginning in 2027, it will provide federal matching contributions deposited into qualifying retirement savings accounts for eligible taxpayers.
Currently, for single filers, the full match is available for those with a modified adjusted gross income of $20,500 or less and phases out at $35,500. For married couples filing jointly, the full match applies at incomes of $41,000 or less and phases out at $71,000.
Under the executive order, TrumpIRA.gov will list financial institutions that offer IRAs under section 408, accept the Federal Saver’s Match under section 6433(e)(2)(C), and meet additional criteria set by the Treasury Secretary. The site will also explain cost and quality standards, allow users to filter and compare IRA options, and provide information on eligibility for the Federal Saver’s Match.
The executive order, titled Promoting Retirement-Savings Access for American Workers by Establishing TrumpIRA.gov, follows remarks made by President Trump two months earlier in the State of the Union address. In that speech, he said his administration aimed to expand access to tax-advantaged retirement accounts for what he described as “often forgotten American workers.” He also referenced a model similar to the federal Thrift Savings Plan (TSP), including a federal matching contribution of up to $1,000 per year.
