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IRS, Treasury propose rules for Trump accounts
Federal tax officials moved to define a new savings vehicle this week, proposing rules for so-called Trump Accounts that ...
・Trump accounts are structured as traditional IRAs for minors, with a $5,000 annual contribution limit (inflation-adjusted) from parents, employers, nonprofits, and governments. ・Children born between ...
The IRS announced a series of proposed rules that would determine eligibility and timing for the $1,000 government seed ...
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