WASHINGTON, D.C. — The Department of the Treasury and the Internal Revenue Service issued Notice 2026-48, taking a major step Thursday, August 6, toward establishing the federal Saver’s Match program and advancing implementation of Executive Order 14403, “Promoting Retirement-Savings Access for American Workers by Establishing TrumpIRA.gov.”
The notice outlines anticipated rules for the upcoming match program—enacted under the SECURE 2.0 Act—and officially requests public comments to help shape forthcoming proposed regulations ahead of an October 5, 2026 feedback deadline.
Direct Matching Contributions to Begin in 2028
Beginning with the 2027 tax year, the Saver’s Match will replace the existing nonrefundable Saver’s Credit, fundamentally shifting how the federal government encourages lower- and moderate-income workers to save for retirement.
Key details of the new program include:
- Maximum Match: Eligible taxpayers can receive a 50% federal match on up to $2,000 in qualified annual retirement contributions, yielding a maximum direct contribution of $1,000 per year.
- Direct Account Deposits: Unlike the former tax credit, matching funds will be deposited directly into an individual’s eligible employer-sponsored plan or Individual Retirement Account (IRA).
- Payout Timeline: Initial matching payments will be processed and disbursed starting in 2028, based on qualified contributions made throughout the 2027 tax year.
“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.”
Implementation of TrumpIRA.gov
Notice 2026-48 also marks the operational rollout of Executive Order 14403, signed on April 30, which directs Treasury to build TrumpIRA.gov.
Scheduled to officially launch on January 1, 2027, the online portal will serve as a federal clearinghouse to help workers identify low-cost, diversified, and index-based IRAs, with a particular focus on individuals who lack access to workplace retirement plans.
Treasury and the IRS expect TrumpIRA.gov to feature financial institutions that meet specific cost and quality standards and are equipped to accept federal Saver’s Match deposits. Additional guidelines for IRA providers seeking to be listed on the platform are slated for release later this year.
Public Comment Period Open
Treasury and the IRS are inviting public input on administrative mechanisms, plan compliance rules, and operational procedures for the Saver’s Match program.
Interested parties and industry stakeholders have until October 5, 2026, to submit formal comments in response to the notice. Complete instructions for submissions are detailed within Notice 2026-48.
