← Videos · Economy, Tariffs & Trade

Trump Signs an Executive Order Expanding Access to Retirement Savings Accounts, Apr. 30, 2026

April 30, 2026 · The White House · 1:00:06

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

President Donald Trump signed an executive order at the White House on April 30, 2026, expanding access to retirement savings accounts, joined by members of Congress he introduced as the effort’s “warriors.” “This afternoon, I’m thrilled to sign a historic executive order expanding access to high-quality retirement savings accounts for millions of Americans,” he said, recalling his State of the Union promise “to make the same types of retirement accounts enjoyed by the federal employees available to all Americans… It only seemed fair.”

As he described the order: beginning at the start of next year, every American will be able to open a new low-cost IRA account through a federal portal and access the same type of accounts federal employees use through the Thrift Savings Plan, and under a federal savers match program, low-income Americans will be eligible for up to $1,000 per year in matching funds deposited directly into their accounts. His illustration, as stated: a 25-year-old investing $165 a month with the match would have an estimated $465,000 by age 65. National Economic Council Director Kevin Hassett, who spoke at the signing, put the match’s initial eligibility at incomes below $35,000 and said the administration is working with Congress to expand the program to middle-income savers through legislation this year. The President’s market figures, as stated: 59 all-time stock-market record highs since his election, $9 trillion in added value, and an average 401(k) balance up $24,000 last year against $875 a year under his predecessor; Trump Accounts, he said, had reached five million signups.

Why it matters

The order is the retirement-savings counterpart to Trump Accounts: a dated, signed instrument extending the federal employees’ plan model to workers without employer plans, with the match as its headline mechanism. The next step the President himself named — congressional expansion — is the tracked follow-through. It is recorded on the Economy, Tariffs & Trade hub.

Scoreboard watch

This is a candidate item for the weekly scoreboard: a bill-signing-class executive action with stated mechanics (portal opening at the start of next year; up to $1,000 annual match; the $465,000 illustration) and a named legislative next step, each as stated at the signing.

Sources: The White House, “President Trump Participates in an Executive Order Signing, April 30th, 2026,” The White House, April 30, 2026 (official upload, embedded above). All figures and characterizations as stated by the President and by NEC Director Hassett at the signing.