Treasury unveils employer contribution program for Trump Accounts

Treasury unveils employer contribution program for Trump Accounts



Treasury unveils employer contribution program for Trump Accounts
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 child’s Trump account directly from their paychecks with a potential match from employers. “Today, Treasury…

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