Trump Signs Executive Order to Expand Access to Retirement Plans

Trump Signs Executive Order to Expand Access to Retirement Plans

Bloomberg.com business

Key Points:

  • President Donald Trump signed an executive order to expand access to retirement plans for workers without employer-sponsored options.
  • The initiative aims to allow every American to open a low-cost IRA account starting early next year via TrumpIRA.gov.
  • These retirement accounts will resemble the federal employees' Thrift Savings Plans, offering similar benefits.
  • The move reflects the administration's effort to emphasize economic issues in its messaging.

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