The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax ...
Contributions from friends, family members, and others will be capped annually at $5,000. Employers can contribute up to ...
Tax filing season is upon usmust and in addition to the regular paperwork, parents can opt to fill out a new form this year ...
Saving for a child’s future is a challenge but the Trump administration is trying to make it easier for families to start an ...
Parents cannot depend on an automatic enrollment system to create a new Trump Account for their children. To qualify for the $1,000 pilot program contribution for a Trump Account, a child must be a ...
Parents who put money into their children’s “Trump Accounts” might face a headache come tax time: Even the smallest contributions may require them to fill out a little-used gift tax form that can take ...
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