As policymakers continue to address the nation’s growing retirement savings gap, an executive action seeks to expand access to retirement savings options, particularly for workers whose employers do not offer plans. The initiative includes a new federal platform, TrumpIRA.gov, aimed at helping individuals more easily connect with existing retirement savings tools and opportunities.
“Expanding access to retirement savings opportunities through both employer-sponsored plans and individual savings solutions is critical to addressing Americans’ growing concerns about their long-term financial futures," said NAIFA President Christopher L. Gandy, LACP. "NAIFA looks forward to learning more about the administration’s proposed retirement savings initiative and working with policymakers to strengthen awareness, understanding, and use of the retirement plans and financial tools available to workers and families.”