Trump Retirement Plan Executive Order : ce qu'il faut savoir

Trump signed an executive order that will broaden access to retirement savings for workers whose employers don’t offer 401(k)-type plans. Trump Retirement Plan Executive Order s'impose comme l'un des sujets qui mobilisent l'attention en United States ce jeudi.

Les faits

• Trump signed an executive order that will broaden access to retirement savings for workers whose employers don’t offer 401(k)-type plans.
• President Donald Trump signed an executive order on April 30 that will broaden access to retirement savings for workers whose employers don’t offer 401(k)-type plans.
• President Donald Trump will sign an executive order Thursday that seeks to expand access to retirement plans for workers whose employers don’t provide one, two White House officials told Semafor.
• President Donald Trump signed an executive order seeking to help expand retirement account access to people who do not have employer-supplied plans.
• Under Trump’s executive order, workers could leverage the TrumpIRA.gov site “to filter private-sector retirement plans by factors like cost, minimum contribution, and minimum balance,” Semafor reported. (The site did not appear to be active yet on the afternoon of April 30.).

L'essentiel

Dans le détail, President Donald Trump signed an executive order on April 30 that will broaden access to retirement savings for workers whose employers don’t offer 401(k)-type plans.

Sur le fond, President Donald Trump will sign an executive order Thursday that seeks to expand access to retirement plans for workers whose employers don’t provide one, two White House officials told Semafor.

Concrètement, President Donald Trump signed an executive order seeking to help expand retirement account access to people who do not have employer-supplied plans.

Au-delà de ce constat, Under Trump’s executive order, workers could leverage the TrumpIRA.gov site “to filter private-sector retirement plans by factors like cost, minimum contribution, and minimum balance,” Semafor reported. (The site did not appear to be active yet on the afternoon of April 30.).

Reste à préciser que President Donald Trump signed an executive order on Thursday to help expand access to retirement savings accounts for Americans who do not have employer-provided plans.

Les chiffres

À noter par ailleurs : Trump said he will be asking Congress to expand the retirement accounts to cover people with incomes above $35,000 per year, which is the cap on his executive order.

Plus précisément, the Trump administration's effort will work in conjunction with 2022 legislation that instructs the federal government to match retirement-plan contributions for people earning below $35,000 with as much as $1,000 beginning next year," Semafor reported.

Dans la foulée, Trump’s order coincides with the coming launch of the Saver’s Match, a 2022 initiative of the Biden administration that delivers up to $1,000 a year in matching retirement contributions for lower-income workers.

À ce stade, Trump telegraphed his plans to boost retirement savings in his 2026 State of the Union address.

Ce qui se dit

“We have millions and millions of people – because the stock market has done so well, setting all those records – your 401(k)s are way up,” he said. “Yet, half of all of working Americans still do not have access to a retirement plan with matching contributions from an employer.

“To remedy this gross disparity, I'm announcing that next year, my administration will give these often-forgotten American workers – great people; the people that built our country – access to the same type of retirement plan offered to every federal worker.”

Le contexte

Reste à préciser que the order directs the Treasury Department to launch an online marketplace for retirement plans, dubbed TrumpIRA.gov, where workers without employer-provided retirement plans can select their own.

À noter par ailleurs : the order creates a new website, TrumpIRA.gov, that workers can use to enroll in a private-sector retirement plan.

Plus précisément, Semafor first reported in February that officials were exploring ways to reach workers without employer-provided retirement plans, which Trump subsequently confirmed in his State of the Union address.

Dans la foulée, Officials crafted TrumpIRA.gov — which will allow workers to filter retirement plans by factors like cost, minimum contribution, and minimum balance

À ce stade, About 54 million people who work full- or part-time do not have access to an employer-provided retirement plan, according to the Economic Innovation Group, while some 27 million who qualify for the Saver’s Match are not enrolled in a plan where they can collect it.

Recherches associées

Plusieurs requêtes connexes accompagnent ce sujet : SEC Chair Paul Atkins Calls XRP Lawsuit a Turning Point • Climat : Donald Trump retire les Etats-Unis de l'Accord de Paris mais pas de la Convention des Nations-Unies sur les changements climatiques - gossement • Manifestations anti-Trump: «Les Américains voient leur épargne retraite dégringoler et commencent à avoir peur • Hundreds of NASA Employees, Past and Present, Sign Letter of Formal Dissent.

À retenir

• The order directs the Treasury Department to launch an online marketplace for retirement plans, dubbed TrumpIRA.gov, where workers without employer-provided retirement plans can select their own.
• The order creates a new website, TrumpIRA.gov, that workers can use to enroll in a private-sector retirement plan.
• The Trump administration's effort will work in conjunction with 2022 legislation that instructs the federal government to match retirement-plan contributions for people earning below $35,000 with as much as $1,000 beginning next year," Semafor reported.
• Recherches qui explosent : SEC Chair Paul Atkins Calls XRP Lawsuit a Turning Point, Climat : Donald Trump retire les Etats-Unis de l'Accord de Paris mais pas de la Convention des Nations-Unies sur les changements climatiques - gossement, Manifestations anti-Trump: «Les Américains voient leur épargne retraite dégringoler et commencent à avoir peur, Hundreds of NASA Employees, Past and Present, Sign Letter of Formal Dissent.