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 acco

The U.S. Department of the Treasury issued guidance that could allow parents to make pretax contributions to a child's Trump Account directly from their paycheck.

Treasury Secretary Scott Bessent published new guidance Tuesday outlining the specific steps employers must take to contribute to employee Trump Accounts. The accounts, one of the most popular provisions included in President Donald Trump’s One Big Beautiful Bill Act, are tax-deferred investment vehicles designed speci