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Trump Accounts: How They Work and Who Benefits
EisnerAmper Link to more items from this source
[Guidance Overview]
Feb. 17, 2026

"[OBBBA] creates 'Trump Accounts' under new IRC Sec. 530A, which functionally act like a more restrictive [IRA]. Qualifying children born between January 1, 2025, and December 31, 2028, will qualify for a one-time, $1,000 deposit to an account. No income limitations apply. The accounts must be created by an authorized individual such as a legal guardian, parent, adult sibling or grandparent, which may have some families asking: Is it worth it to open one of these accounts?"  MORE >>

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