During the State of the Union address Trump promised what Joe Biden signed into law in 2022.
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“Half of all of working Americans still do not have access to a retirement plan with matching contributions from an employer. To remedy this gross disparity, I am announcing that next year, my administration will give these often-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,” Trump proclaimed in his remarks, which at 108 minutes broke his own record for longest address to a joint session of Congress.
What he neglected to mention was that the proposal is already law of the land, set to begin in 2027. The idea was one of numerous revisions to retirement plans contained in the bipartisan SECURE 2.0 Act, which was rolled into the 2023 appropriations bill that Biden signed into law on Dec. 29, 2022.
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Before getting to the complexities of any new savings structure that may be created, the White House confirmed that the match Trump mentioned is the Saver’s Match, which was passed in 2022 and goes into effect next year.
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https://www.huffpost.com/entry/trump...b0ef1afcc096a9
https://www.cnn.com/2026/02/25/busin...ngs-plan-trump
Trump Takes Credit For Biden-Era $1,000 Match For Low-Income Retirement Plans
