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Trump Accounts: IRS announces rules proposal for $1K payments

Summary

The Internal Revenue Service announced on Friday a series of proposed rules that would determine eligibility and timing for the $1,000 government seed payments, among other aspects of the Trump Accounts. Notably, the proposal states that parents of children who are eligible for the savings accounts will have until December 31 during the year the child turns 17 to claim the $1,000.

14 Articles

Newsweek

Center

IRS issues major update on Trump Accounts

The proposed rules move the federal government closer to operationalizing Trump Accounts, a savings vehicle for children.

11 hours ago·United States

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Penn Live

Center

Trump’s retirement accounts for kids should be regulated, IRS says

The Internal Revenue Service (IRS) together with the federal Treasury Department issued proposed regulations on Trump Accounts on Friday.

13 hours ago·Harrisburg, United States

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Fox8

Center

Trump Accounts: IRS announces rules proposal for $1,000 payments

The IRS announced a series of proposed rules that would determine eligibility and timing for the $1,000 government seed payments, among other aspects of the Trump Accounts.

21 hours ago·Cleveland, United States

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The Hill

+6 Reposted by 6 other sources

Center

Trump Accounts: IRS announces rules proposal for $1K payments

The IRS announced a series of proposed rules that would determine eligibility and timing for the $1,000 government seed payments, among other aspects of the Trump Accounts.

22 hours ago·Washington, United States

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