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Dell Family Pledges $6 Billion for 'Trump Accounts' to Support U.S. Children

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Source: IRS (.gov)
Dell Family Pledges $6 Billion for 'Trump Accounts' to Support U.S. Children
Photo: IRS (.gov)
TL;DR

The Treasury and IRS announced upcoming regulations for Trump Accounts, a new type of IRA for eligible children, including details on contributions, investments, and distributions, with a pilot program offering a $1,000 contribution per eligible child, and plans to release a form for account setup and enrollment.

Topics:top-newsgovernment-finance-tax-retirement-policy#government-finance-tax-retirement-policy#investment-rules#iras#tax-guidance#trump-accounts#working-families-tax-cuts
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  1. Treasury, IRS issue guidance on Trump Accounts established under the Working Families Tax Cuts; notice announces upcoming regulations  IRS (.gov)
  2. Michael and Susan Dell to donate $6.25 billion to fund 'Trump accounts' for 25 million U.S. kids  CNBC
  3. Michael and Susan Dell Pledge $6 Billion in Investment ‘Trump Accounts’ for Children  The New York Times
  4. Landmark Dell Gift Supercharges Trump Accounts for America’s Kids  The White House (.gov)
  5. Sens. Cruz and Booker urge business leaders to support 'Trump Accounts' program  Fox Business

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