Learn how TrumpIRA.gov and the Saver’s Match could expand retirement savings access, which workers and account types may be affected, and what plan sponsors should consider as 2027 implementation approaches.

TrumpIRA.gov is a platform that will connect workers who do not have access to employer‑sponsored retirement plans with high-quality, low-cost traditional individual retirement accounts (IRAs) offered by private-sector financial institutions.

Why It Matters: Boosting awareness about IRAs is important in 2026 to prepare for the Saver’s Match in 2027. Eligible workers must have a retirement plan that can accept the Saver’s Match (when it becomes available) but because many workers face barriers to setting up an IRA, the Trump marketplace will make set up quick and easy.

What’s new with IRAs?

Established by executive order on April 30, 2026, “TrumpIRA.gov is built on a simple premise: every hard-working American deserves the same retirement tools as those fortunate enough to have employer-sponsored plans — without complexity, hidden fees, or guesswork,” the website states.

The executive order promotes access to retirement plans for independent contractors, part-time workers, small-business employees, and the self-employed. TrumpIRA.gov is designed to be a free tool for workers to compare IRAs on the platform by cost, quality, and investment options, a simple way to set up a traditional IRA and for eligible workers to receive up to a $1,000 federal match in their retirement account.

What is the Saver’s Match?

SECURE 2.0 Act of 2022 established the annual “Saver’s Match” to incentivize retirement savings among lower- and middle-income workers. Here’s an overview of the income ranges. Set by the modified adjusted gross income based on taxpayer filing status, the maximum federal match is $1,000 per person (unmarried filer) and $2,000 per married couple filing jointly. Unmarried filers earning $20,500 or less qualify for the maximum match rate of 50% (married filers earning $41,000 or less qualify for the maximum). 

As income increases, the match rate decreases. For most unmarried filers, the phaseout range begins at $20,500 and ends at $35,500. For most married filers, the phaseout range begins at $41,000 and ends at $71,000, and

See IRS Notice 2024-65 for more details on what SEURE 2.0 provided.

Promoting Retirement Savings Access Executive Order: Three Key Takeaways

1. Public Awareness: TrumpIRA.gov will maximize public awareness of opening an IRA and contributing to it, as well as how to receive the Saver’s Match. TrumpIRA.gov will help the Saver’s Match reach its full potential and boosting participation, particularly among workers who historically had no clear path to retirement savings and wealth building, according to a fact sheet.
   
2. Philanthropic Contributions: In addition to a possible federal match, the Trump administration wants savers to be able to receive philanthropic contributions to their IRAs. The order directs the Secretary of the Treasury and the Commissioner of the Internal Revenue Service to issue guidance clarifying the tax treatment of contributions made by philanthropic and charitable tax-exempt organizations to IRAs on behalf of eligible workers. By welcoming philanthropic giving, President Trump intends to unlock a new source of retirement savings [for workers who struggle to save], the fact sheet said.
   
3. Create a permanent IRA Marketplace: The executive order directs the Treasury Secretary to prepare legislative recommendations to codify the policy so that workers without employer-sponsored retirement plans have access to a retirement option with:

• Low fees
• Eligibility for the Federal Saver’s Match or other matching contributions
• Diversified index‑based investment options
• Automatic portfolio choices
• Portability.

Other Congressional action could include adding automatic enrollment, expanding to higher income levels, and allowing Roth IRAs to receive matching contributions.

Regulations haven’t been issued yet and legislation hasn’t advanced, so stay tuned. TrumpIRA.gov launches January 1, 2027. The Saver’s Match is scheduled to take effect in tax year 2027, with federal matching contributions hitting depositing in early 2028.

Boosting Retirement Savings

Morningstar research showed that the Saver’s Match could substantially boost retirement wealth for eligible savers, with the biggest wealth improvements for scenarios where individuals saved enough to get the full federal match, according to a press release. The analysis found that single women, Hispanic Americans, and non-Hispanic Black Americans stand to benefit disproportionately and workers in industries prone to higher retirement-income inadequacy, such as agriculture and retail, are expected to see larger wealth increases compared with peers.

Which Accounts Can Accept the Match?

SECURE 2.0 provided that the types of retirement plans that can accept Saver’s Match contributions are a traditional (non-Roth) IRA or the non-Roth portion of a section 401(k) plan, a section 403(b) plan, or a governmental section 457(b) plan. Employment-sponsored 401(k), 403(b) or 457(b) plans can, but are not required to, accept Saver’s Match contributions. In many states, workers participate in state auto-IRA programs which are Roth IRA-type accounts.

Which Workers Need a Traditional IRA?

Workers with no retirement plan, workers with a Roth plan and workers with an empoyer-sponsored plan that does not accept Saver’s Match contributions would need to establish an traditional IRA to accept Saver’s Match contributions.

How Could Account Types Change In the Future?

According to Sarah Agostino’s CNBC article: “State programs absolutely want, can and will help their participants take advantage of the Saver’s Match, because these participants are exactly the low- to moderate-income workers the match was designed for. But there is unnecessary administrative complexity because the match must be deposited into a traditional IRA, while state programs default savers into a Roth IRA,” said Angela Antonelli, executive director for the Center for Retirement Initiatives at Georgetown University. A White House official said in an email response to a CNBC inquiry that “although specific operational elements of the Saver’s Match are still being developed, the expectation is to ultimately allow for both traditional and Roth IRAs.”

Plan Sponsor Considerations 

For employers that offer a retirement plan and eligible workers who qualify for the Saver’s Match, workplace retirement plans are not required to accept the contributions. However, forthcoming Treasury guidance may ease potential administrative burdens for employers and service providers offering recordkeeping services.

According to a blog by Alight, plan sponsors that decide to allow the plan to receive Saver’s Match contributions can consider the following actions.

• Coordinate with recordkeepers to ensure systems can accept and track federal match deposits.
• Launch awareness campaigns to educate low- to moderate-income workers who might qualify how the Saver’s Match could help them save more for retirement.
• Utilize participation data to personalize education for workers who are eligible to participate but not yet enrolled in the workplace plan.

Plan sponsors can also consider engagement opportunities to highlight how their existing employer match structure helps participants save more for retirement, Captrust suggests. Highlight any automatic features of the plan and share any tools that help with starting or boosting a savings habit. Quoting TrumpIRA.gov, “The earlier you start, the more compounding works for you.” 

Check out the International Foundations SECURE 2.0 toolkit for updates.

Developed by International Foundation Information Center staff. This does not constitute legal advice. Please consult your plan professionals for legal advice.