US media: Trump will sign an executive order to expand the coverage of employee retirement savings plans.

According to a report by the American financial media Semafor, two White House officials revealed that President Trump will sign an executive order on Thursday aimed at expanding access for employees whose employers do not provide retirement savings plans. The U.S. government will combine this measure with the so-called "saver match" program. This program stems from legislation passed in 2022, which states that starting next year, the federal government will provide up to $1,000 in matching funds for retirement savings contributions for employees with annual incomes below $35,000. An official stated that Thursday's executive order aims to address this issue, instructing the Treasury Department to launch a new website, TrumpIRA.gov, before the "saver match" program takes effect in January next year. Under this executive order, employees can use the website to select a private sector retirement savings plan based on factors such as cost, minimum contribution amounts, and minimum balances, in order to open a qualifying account and receive matching funds if eligible.