Treasury, IRS begin implementing Executive Order 14403 by announcing intent to issue proposed regulations on Saver's Match, which will benefit millions of low- and[...]

IR-2026-89, August 6, 2026

WASHINGTON - The Department of the Treasury and the Internal Revenue Service today issued Notice 2026-48 PDF announcing an intent to propose regulations regarding the federal Saver's Match program, which begins in 2027. The notice describes anticipated Saver's Match rules and requests comments from the public for future proposed regulations.

The notice also begins the implementation of President Trump's Executive Order 14403, "Promoting Retirement-Savings Access for American Workers by Establishing TrumpIRA.gov," issued April 30. The Executive Order aims to increase public awareness of Saver's Match contributions and help taxpayers participate in eligible retirement savings vehicles that provide low-cost, diversified, and index-based investment options.

The Saver's Match will provide eligible taxpayers with a maximum 50% match on the first $2,000 of qualified retirement savings contributions made to an employer-sponsored retirement plan or IRA, up to $1,000 annually, and will be paid for eligible taxpayers starting in 2028, based on contributions made for the 2027 tax year. The program, enacted as part of the SECURE 2.0 Act, replaces the Saver's Credit with respect to retirement savings contributions.

"Millions of low- and moderate-income Americans will have the opportunity to strengthen their retirement savings through the Saver's Match program," said IRS Chief Executive Officer Frank J. Bisignano. "The Saver's Match makes saving easier and more rewarding by providing a direct federal contribution to an eligible taxpayer's retirement account. The notice is an important first step in implementing President Trump's Executive Order with respect to the Saver's Match program."

Under the Executive Order, Treasury will officially launch TrumpIRA.gov on Jan. 1, 2027. The website will provide information about high-quality, low-cost IRAs, with a focus on workers who do not have access to an employer-sponsored retirement plan. The Executive Order emphasizes that individuals who contribute to IRAs and are otherwise eligible are entitled to a Saver's Match contribution.

Treasury and the IRS anticipate that TrumpIRA.gov will list financial institutions that offer IRAs, accept Saver's Match contributions, and satisfy other established criteria. Treasury and the IRS also anticipate that more information for IRA providers that want to be listed on TrumpIRA.gov will be available later this year.

Notice 2026-48 PDF requests comments from interested parties on Saver's Match contributions by Oct. 5, 2026, identifies the issues where comments are particularly requested, and includes complete instructions for submitting comments.