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.
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- 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.
Sources: The Hill