President Trump on Thursday signed an executive order expanding high-quality retirement accounts for millions of Americans.
โBeginning at the start of next year, every American will be able to go to https://t.co/8RW62kNRUA and open a new, low-cost IRA account. Youโll then be able to access the same type of retirement accounts that federal employees enjoy,โ Trump said.
โAs part of the Federal Savers Match program, low income Americans will be eligible to receive up to $1,000 per year in matching funds deposited directly into their accounts,โ Trump said.
โThis is a great thing for millions of Americans who lack employer-sponsored plans. This will be really revolutionary because theyโll be covered,โ he said.
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