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 par...

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...