The IRS has released initial guidance on contributions, limits and withdrawals for the new Trump accounts authorized under the One Big Beautiful Bill Act—as well as how to apply to open one. Trump ...
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IRS issues update on Trump Accounts
Trump Accounts—created under the One Big Beautiful Bill Act—are aimed at helping children build financial assets from an early age.
The Trump Savings Account is one of the most talked-about provisions of the “One Big Beautiful Bill Act.” Marketed as a way to give children under age 18 a head start on saving for retirement, these ...
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