Browsing Tag
Trump Accounts
13 posts
The Businesses and Billionaires Promising Trump Account Contributions
Numerous organizations and philanthropists have come out in recent weeks and days with pledges to contribute to the federal retirement savings vehicle
JPMorganChase Pledges $1K Contribution to Trump Accounts
The firm joins Russell Investments, the ICI, and philantrophists who have committed to matching federal government contributions
Russell Investments, ICI, Pledge Trump Account Contributions
The news follows contribution announcements from billionaires Ray Dalio and Michael and Susan Dell
Schwab to Match Treasury’s Trump Account Contribution for Its Employees
Move will double federal government’s initial $1,000 seed money for eligible children
Trump is No Franklin, But…
Jack Towarnicky explains why he is super excited about the opportunity and possibilities from the new child accounts
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