Francis ScialabbaThe Internal Revenue Service (IRS) and the Treasury Department recently issued proposed guidance for employers seeking to make contributions to Trump Accounts on behalf of their employees’ dependents. The document detailed how companies could let their employees make pre-tax contributions to Trump Accounts, as w
ell.Trump Accounts, which officially launched in July, are a type of tax-advantaged savings account for children under 18. Employers are able to contribute up to $2,500 a year to Trump
https://www.hr-brew.com/stories/irs-treasury-guidance-trump-accounts?utm_source=&utm_medium=syndication&utm_campaign=feed