2026-02-26T14:00:40Z
What is Trump’s plan to boost retirement savings?
President Donald Trump unveiled a retirement savings program aimed at Americans without employer-sponsored plans. The initiative would provide a vehicle to save for retirement, expanding access for tens of millions of workers.
The plan centers on creating a portable retirement account option that workers can contribute to even if their employer does not offer a 401(k) or similar plan. It would be voluntary and designed to be simple to use.
Trump framed the proposal as a market-driven approach to boost long-term savings, positioning it as a key part of his economic agenda and a step to enhance financial security for middle-class Americans.