Dell Family Pledges $6 Billion for 'Trump Accounts' to Support U.S. Children
TL;DR Summary
The Treasury and IRS announced upcoming regulations for Trump Accounts, a new type of IRA for eligible children, including details on contributions, investments, and distributions, with a pilot program offering a $1,000 contribution per eligible child, and plans to release a form for account setup and enrollment.
Topics:top-news#government-finance-tax-retirement-policy#investment-rules#iras#tax-guidance#trump-accounts#working-families-tax-cuts
- Treasury, IRS issue guidance on Trump Accounts established under the Working Families Tax Cuts; notice announces upcoming regulations IRS (.gov)
- Michael and Susan Dell to donate $6.25 billion to fund 'Trump accounts' for 25 million U.S. kids CNBC
- Michael and Susan Dell Pledge $6 Billion in Investment ‘Trump Accounts’ for Children The New York Times
- Landmark Dell Gift Supercharges Trump Accounts for America’s Kids The White House (.gov)
- Sens. Cruz and Booker urge business leaders to support 'Trump Accounts' program Fox Business
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