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What Your Child's Trump Account Can (and Cannot) Invest In
The proposal bars ESG index funds and requires trustees to use default investments as the IRS sets strict low-fee standards.
Summary by FedSmith.com
4 Articles
4 Articles
Parents could put pretax paycheck money into Trump Accounts, with employers matching, Treasury says
The U.S. Treasury Department and Internal Revenue Service unveiled proposed regulations this week establishing how employers and employees can contribute to Trump Accounts, a recently created tax-deferred savings vehicle designed for dependent children. Treasury Secretary Scott Bessent announced that the guidance permits employer contributions of up to $2,500 annually per employee, excluded from an employee’s gross income, while also allowing wo…
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Nemos News NetworkTreasury, IRS Propose Rules On Trump Account Investments
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Total News Sources4
Leaning Left1Leaning Right2Center1Last UpdatedBias Distribution50% Right
Bias Distribution
- 50% of the sources lean Right
50% Right
L 25%
C 25%
R 50%
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