President Donald Trump signed an executive order on Thursday to establish a platform for Americans to compare Individual Retirement Account (IRA) plans for workers without a work-sponsored plan, and an up to $1,000 annual federal matching contribution program based on income.
The order fulfills Trump’s proposal from his State of the Union address in February.
Under the order, Secretary of the Treasury Scott Bessent is directed to establish TrumpIRA.gov, where Americans who do not have an employee-sponsored plan can access and compare plans available from financial institutions in the private sector, according to the White House.
“TrumpIRA.gov…
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