Since the 2020 pandemic, life insurance sales have surged. In 2025, policy counts jumped 7% year over year, but there remains work to be done, LIMRA researchers say.
The administration said workers will be able to open accounts through a new federal website, TrumpIRA.gov, beginning next year.
President Donald Trump on Thursday signed an executive order aimed at expanding access to retirement savings accounts for millions of workers who lack employer-sponsored plans.
Millennials and Gen X are starting to prioritize retirement income earlier in their careers.