Tag: Trump accounts

Witnesses debated whether the children’s investment accounts should remain limited to passive funds.

New Department of Labor guidance aims to clarify legal treatment of workplace contributions ahead of the July 4 launch of...

According to Secretary of the Treasury Scott Bessent, the administration will turn to broader retirement access proposals after the July...

The investment accounts for children promise simplicity, but financial experts say they are more likely to provide just another twist...

The government has previously welcomed industry insight on other aspects of the newly established investment vehicles.

The Department of the Treasury did not specify whether other firms may assist in setting up or administering the accounts.

Investment managers have pushed for a wide range of investments, but asset allocation rules remain uncertain.

Draft regulations outline how parents and guardians can open tax-advantaged investment accounts for children and access a government-funded pilot contribution...

Employers, retirement firms and investment managers urged clearer rules as the Department of the Treasury establishes regulations for federally backed...

No new details were announced, but J.P. Morgan, Bank of America and others committed to match the U.S. government’s initial...

BlackRock, Charles Schwab, Russell Investments, and ICI pledge employer contributions before July pilot program begins.

The savings accounts for children are expected to go live on July 4, 2026.

In a comment letter, the Investment Company Institute called for a decentralized marketplace and broader investment options for the new...