Browsing Tag
Trump Accounts
8 posts
Trump Accounts Website Goes Live as Ray Dalio Pledges Contribution
The billionaire follows the lead of the Dell Foundation, who announced in December a $6.25B pledge
Treasury, IRS Release Guidance on ‘Trump Accounts’
Guardians will be able to use Form 4547 to enroll in a “Trump Account” program
Dell Foundation Donates $6.25B to ‘Trump Accounts’
Billionaires Michael and Susan Dell said they will give $250 to 25 million children ages 10 and under
ICI Urges Competitive Marketplace for Trump Accounts
The Investment Company Institute recommended the Treasury Department incorporate an open market that would allow for multiple providers
How a ‘Trump Account’ Could Grow to $22 Million by Retirement
Serae Wealth puts forth a best-case scenario showing how no distributions and maxing out contributions—along with historically average S&P 500 returns—could turn the $1,000 seed money into generational wealth
Trump’s BBB to Accelerate Social Security, Medicare Insolvency by Another Year: CRFB
One Big Beautiful Bill Act becoming law means insolvency in 2032 rather than 2033; Bill does not eliminate Social Security taxation, but does provide special tax break for seniors that Trump claims amounts to no taxation on benefits; “Trump Accounts” make the cut
Trump, Business Leaders and Lawmakers Tout ‘Trump Accounts’ in Monday Roundtable
Provision including “Invest in America Act” pilot program in One Big Beautiful Bill would stake newborns with $1,000 at birth from Jan. 1, 2025 through Jan. 1, 2029
‘Trump Accounts’ Christened as New Name for ‘MAGA Accounts’ in GOP Tax Bill
The new savings accounts, likened to a “401(k) for kids,” are included in the bill passed early Thursday in the House