Trump pledges new retirement account plans for workers without 401(k)s

Published February 24, 2026 11:07pm ET



President Donald Trump unveiled a new retirement savings plan for workers during his State of the Union address.

During the Tuesday night address, Trump said that, despite the typical 401(k) retirement savings account rising under his administration, millions of working people still do not have access to a retirement plan that includes matching employer contributions.

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