Trump Proposes Universal Retirement Plan Plus $1,000 Federal Match

Donald Trump proposed a universal retirement plan during his State of the Union address to support 56 million workers who lack employer-sponsored savings.The initiative features a government match of up to $1,000 annually for low-income earners by utilizing the SECURE 2.0 Act and the federal Thrift Savings Plan model.While proponents suggest the move could strengthen the safety net, legal experts remain skeptical about the White House's authority to implement the plan.