Understanding Trump Accounts: Working Families Tax Cuts
Internal Revenue Service · July 9, 2026
The Internal Revenue Service hosted a stakeholder webinar on July 1, 2026, explaining the new "Trump accounts" created by the Working Families Tax Cuts, covering eligibility, contribution and investment rules, the $1,000 Treasury pilot contribution, required forms and trustee reporting, and implementation timelines ahead of contributions opening July 4, 2026.
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