The order directs the Treasury Department to launch TrumpIRA.gov by January, when a government match program for low-income workers takes effect

That new matching contribution, known as the Saver’s Match, comes from 2022 legislation passed under Democratic President Joe Biden.

At the state level, AARP has supported “work and save” programs, such as state-facilitated automatic IRAs, that fill the gap left by employers who don’t offer a retirement vehicle. Nearly 1.2 million employees nationwide had enrolled in these “work and save” programs as of January 2026, with legislation, supported by AARP, enacted in 21 states .​

Be sure to have a solid retirement plan. Think through how you'll spend your retirement. Consider test-driving your retirement ahead of time. So you're about five years away from retiring. It makes a lot of sense to start assembling a list of things to do before your last day at your job.

Microsoft says its voluntary retirement program will result in a $900 million charge in the current quarter. The company, which is spending record sums on AI infrastructure, said headcount dropped year over year and will decline again in fiscal 2027.

Many Americans approaching retirement still carry credit card balances, which can complicate retirement planning and savings. High-interest debt can increase monthly expenses and force difficult trade-offs between paying down balances and saving for the future.

The president's executive order expands retirement account access for workers and will be integrated with the Saver's Match.