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American Worker Retirement Fund

A special government fund established in the U.S. Treasury to hold and invest money saved by participants in the American Worker Retirement Plan.

Qualifying Worker

An employee or self-employed individual who does not have access to an existing retirement plan (like a 401k or traditional IRA with payroll deductions) through their employer or on their own.

Existing Retirement Plan

Common employer-sponsored retirement plans like 401ks, pensions, or the Thrift Savings Plan, or certain tax-deferred individual retirement plans.

Participant

A qualifying worker who has enrolled in the American Worker Retirement Plan and has an account in the Fund.

American Worker Retirement Investment Board

A new board created to oversee and manage how the money in the American Worker Retirement Fund is invested.

Government Match Tax Credit

A tax credit designed to provide additional government contributions to the retirement accounts of participants in the American Worker Retirement Plan.