Trillium Perspectives

  • Understanding Trump Accounts

    Understanding Trump Accounts

    What is a ‘Trump’ Account? A Trump account is a new type of Traditional IRA for minors created by the OBBA (IRC Sec. 530A) to encourage long-term investing from a young age. The federal government and several philanthropists have pledged seed money for certain eligible beneficiaries as part of the pilot program for these accounts.…

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