Treasury issues guidance on employer contributions to 'Trump Accounts'
The Treasury Department has issued rules on how employers can contribute to “Trump Accounts” set up for employees’ children and says more than 50 companies have committed to offering such contributions.
The Treasury Department issued guidance explaining how employers may make contributions to “Trump Accounts” established for employees’ children. The department also reported that over 50 companies have already committed to offering employer-sponsored contributions to those accounts.