Treasury unveils employer contribution program for Trump Accounts
Headline from The Hill
The Treasury Department and Internal Revenue Service (IRS) announced guidelines for employer-sponsored programs for contributions to Trump accounts, a tax-deferred investing option for children. The Tuesday announcement outlines a process that parents could use to make pre-tax contributions to their…
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Treasury Secretary Scott Bessent published new guidance Tuesday outlining the specific steps employers must take to contribute to employee Trump Accounts. The accounts, one of the most popular provisions included in President Donald Trump’s One Big Beautiful Bill Act, are tax-deferred investment veh…
The Treasury Department and Internal Revenue Service (IRS) announced guidelines for employer-sponsored programs for contributions to Trump accounts, a tax-deferred investing option for children. The Tuesday announcement outlines a process that parents could use to make pre-tax contributions to their…
(The Center Square) – Employers now have guidance from the Treasury Department on how to contribute to ‘Trump Accounts’ for their employees’ children, and the department says more than 50 companies have already committed to offering such contributions.
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