business
The IRS Just Changed the Rules for Trump Accounts. Here's What 60 Million Parents Need to Know
The government just opened a retirement account for your child without asking, but a single missed step means the $1,000 seed deposit stays locked away forever. Here is what parents need to do before the rules change again.
More than 60 million American children now have a tax-deferred retirement account that nobody in their family opened.
On October 1, 2026, the Treasury Department announced that automatic enrollment for Trump Accounts is done. Every eligible child und... [4232 chars]
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