President Donald Trump floated the idea of a federal retirement program with matching contributions during his State of the Union address.

About 56 million Americans do not have access to a retirement savings plan at work. The Trump administration plans to launch a program to help change that.

It was one of the few policy proposals in Trump’s record-breaking, 108-minute State of the Union speech. It was also signed into law by his predecessor four years ago.

President Donald Trump floated the idea of a federal retirement program with matching contributions during his State of the Union address.