Tax Facts

TrumpIRA.Gov is Officially Online

The new TrumpIRA.gov website has officially been launched, offering important details for Americans interested in establishing retirement savings accounts--particularly to take advantage of the new saver's match in 2027 and beyond. The website is designed to connect savers to high-quality IRAs to allow them to take advantage of the potential $1,000 per year matching contribution. The website formally became available on January 1, but is now available to show taxpayers how the site will work. The website currently provides the example of a 25-year-old worker who is able to save roughly $165 per month and receives the savers match. With a 6% rate of return, that saver could retire with approximately $465,000 at the age of 65. The website also provides links to the executive order that gave rise to creation of this website in the first place, as well as the White House Fact Sheet on the site. For more information on the benefits of the saver's match, visit Tax Facts Online. Read More: Link to Q3648.

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