{"id":2573245,"date":"2026-02-24T23:25:02","date_gmt":"2026-02-25T04:25:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-pledges-new-retirement-account-plans-for-workers\/"},"modified":"2026-02-24T23:28:11","modified_gmt":"2026-02-25T04:28:11","slug":"trump-pledges-new-retirement-account-plans-for-workers","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-pledges-new-retirement-account-plans-for-workers\/","title":{"rendered":"Trump pledges new retirement account plans for workers"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-pledges-new-retirement-account-plans-for-workers%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2573245&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Trump proposed a new retirement-savings option for workers who don\u2019t have access to a 401(k) or other <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/senate-democrats-scheme-for-a-vote-on-their-most-radical-taxpayer-funded-ivf-bill-yet\/\" title=\"Senate Democrats ... Vote on Their Most Extreme Taxpayer-Funded IVF Bill\">employer-sponsored plans<\/a>. The plan would provide a government match of up to $1,000 per year for eligible <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/under-trump-americans-have-seen-their-best-wage-growth-in-40-years\/\" title=\"Under ..., Americans Have Seen Their Best Wage Growth In 40 Years\">low-income workers<\/a>, modeled after the federal Thrift Savings Plan and funded through the Savers Match under the SECURE 2.0 Act. the White House aims to create an account vehicle for these workers to receive the match, hoping to address the gap where many Americans still lack retirement options with employer contributions. The piece also mentions related \u201cTrump accounts\u201d for children\u2014with Treasury funding and potential corporate matches\u2014and notes broader coverage and context surrounding the proposal.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump pledges new retirement account plans for workers without 401(k)s<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2511650\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President&nbsp;<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\">Donald Trump<\/a>&nbsp;unveiled a new&nbsp;<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/retirement\">retirement<\/a>&nbsp;savings plan for workers during his&nbsp;<a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/state-of-the-union\/\">State of the Union<\/a>&nbsp;address.<\/p>\n<p>During the Tuesday night address, Trump said that, despite the typical 401(k) <a href=\"https:\/\/amzn.to\/3YuVZYV\" >retirement <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President ...\u2019s Accomplishments \u2013  And It Is Historic!\">savings account<\/a> rising<\/a> under his administration, millions of working people still do not have access to a retirement plan that includes matching employer contributions.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4469755\/trump-boasts-falling-inflation-during-joint-address-context\/\">Trump boasts of falling inflation during joint address: Here&rsquo;s the context<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/4469625\/dc-brian-schwalb-congress-block-tax-policy-void\/\">DC argues Congress&#8217;s attempt to block tax policy is null and void, setting up unprecedented legal battle<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/4469199\/trump-administration-imposes-10-global-tariff\/\">Trump administration imposes 10% global tariff after president said rate would be 15%<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/live-blog\/trump-state-of-the-union-2026-live-updates\/\">LIVE UPDATES: TRUMP DELIVERS 2026 STATE OF THE UNION ADDRESS<\/a><\/strong><\/p>\n<p>&ldquo;To remedy this gross disparity, I am announcing that next year my administration will give these oft-forgotten American workers, great people, the people that built our country, access to the same type of retirement plan offered to every federal worker, we will match your contribution with up to $1,000 each year,&rdquo; Trump said.<\/p>\n<p>The savings accounts would be similar to those that federal workers have access to, the Thrift Savings Plan.<\/p>\n<p>The White House intends to use an existing Savers Match enacted by legislation signed by then-President Joe Biden in 2022, the SECURE 2.0 Act, as an avenue for providing an annual $1,000 match to low-income workers. The plan will provide an account vehicle for eligible workers to get that Savings Match.<\/p>\n<p>The idea comes after Republicans created &ldquo;Trump accounts&rdquo; as part of their One Big Beautiful Bill Act, which was signed into law last year. The Trump accounts are a form of savings account for children.<\/p>\n<p>The Trump accounts are funded through the Treasury Department with a $1,000 credit for U.S. citizens born from 2025 through 2028. Parents and families can contribute up to $5,000 per year to those accounts.<\/p>\n<p><strong><a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/4469755\/trump-boasts-falling-inflation-during-joint-address-context\/\">TRUMP BOASTS OF FALLING INFLATION DURING JOINT ADDRESS: HERE&rsquo;S THE CONTEXT<\/a><\/strong><\/p>\n<p>Beneficiaries are not permitted to pull from their Trump accounts until they turn 18. At that time, they can withdraw up to half the funds only for higher education costs, training programs, small business loans, or first-time home purchases. They can withdraw more funds later in life.<\/p>\n<p>Several major companies, including Bank of America and JPMorgan Chase, have since pledged to match $1,000 contributions to their employees who open Trump accounts.<\/p>\n<\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Paraphrase:<br \/>\nIn his State of the Union address, President Donald Trump announced a new retirement-savings option for workers who don\u2019t have 401(k) plans. He acknowledged that although 401(k) accounts have grown, many workers still lack access to a plan with employer matching. He proposed creating a plan modeled on the federal Thrift Savings Plan, offering an annual $1,000 match to eligible low-income workers through the SECURE 2.0 Act. The plan would provide an account to receive that Savings Match. The idea ties to Republicans\u2019 prior push for \u201cTrump accounts\u201d as part of a broader bill aimed at savings, including children\u2019s accounts funded by the Treasury with a $1,000 credit for births between 2025 and 2028 and annual contributions up to $5,000. Beneficiaries would not be able to withdraw until age 18; at that point, withdrawals would be limited to higher education costs, training, small-business loans, or first-time home purchases, with more withdrawals allowed later. Several large companies, such as Bank of America and JPMorgan Chase, have pledged to match $1,000 contributions for employees who open Trump accounts.<\/p>\n<p>55-character version:<br \/>\nTrump rolls out retirement plans for non-401(k) staff<\/p>\n","protected":false},"author":3360,"featured_media":2573246,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/02\/GettyImages-2262890407.jpg?w=594","fifu_image_alt":"","footnotes":""},"categories":[33651,538],"tags":[5018,7620,3634,5015],"class_list":["post-2573245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","category-washington-examiner","tag-accounts","tag-retirement","tag-trump","tag-workers"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2026\/02\/GettyImages-2262890407.jpg?w=594","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2573245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/3360"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2573245"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2573245\/revisions"}],"predecessor-version":[{"id":2573249,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2573245\/revisions\/2573249"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2573246"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2573245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2573245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2573245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}