Treasury taps BNY Mellon & Robinhood as custodians for Trump Accounts launch July 5; a “white-label” residency trap may exclude 9M Americans abroad. Treasury must act.

The Treasury Department and the Internal Revenue Service have released proposed regulations aimed at clarifying how Trump accounts would work, including details around a pilot program for Treasury to ...

As tax season kicks off, families with minor children can now register for Trump accounts. To open the account, an election must be made on IRS Form 4547. Form 4547 can be filed separately or with ...

Federal tax officials moved to define a new savings vehicle this week, proposing rules for so-called Trump Accounts that outline how people could open an account and accept a government-funded seed ...

The Internal Revenue Service and the U.S. Treasury have proposed rules for so-called Trump Accounts, laying out how people could open the accounts and claim federal seed money if they qualify. The ...

Section 70204 of the 2025 tax bill, commonly referred to as the One Big Beautiful Bill Act or OBBBA (Public Law 119-21, 139 Stat. 72 (July 4, 2025)), added new sections 530A, 6434 and 128 to the ...