Thanks to newly available Trump Accounts, military families can lay the foundation to ensure each of their children has a head start on a retirement plan. The program opens for financial contributions July 4.
The website is set to launch by next year and will help workers find and enroll in IRAs.
President Trump during his State of the Union address announced plans to offer Americans without 401(k) savings access to a retirement account similar to those available to federal workers. Why it matters: The White House hasn't yet offered any details on the plan, and there are roughly 56 million Americans who don't have access to an employer-sponsored retirement plan. What he's saying: Trump called that a "gross disparity" during the State of the Union address. - Trump said he would offer "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 as we ensure that all Americans…