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Here’s how Trump’s 401(k)-style retirement accounts could work

During his State of the Union address, President Trump unveiled a proposal to create retirement accounts for people who don’t have one at their jobs — an idea that puts the issue of long-term financial health on center stage, but also raises more questions than it answers.

BusinessBy Wire ServicesFebruary 25, 20261 min read

Last updated: April 3, 2026, 7:40 PM

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Here’s how Trump’s 401(k)-style retirement accounts could work

During his State of the Union address, President Trump unveiled a proposal to create retirement accounts for people who don’t have one at their jobs — an idea that puts the issue of long-term financial health on center stage, but also raises more questions than it answers.

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