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Treasury Secretary Scott Bessent said the Trump administration’s new Trump Accounts program has surged to roughly 1 million sign-ups, marking a sharp jump in participation after Wednesday’s summit that featured President Donald Trump and rapper Nicki Minaj. Bessent announced the updated figure during a Cabinet meeting Thursday, telling Trump that…
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President Donald Trump is expected to share more details this week about the highly-anticipated “Trump accounts,” an initiative that would set up newborns with a government-funded investment program. Trump will headline an event on Wednesday at the Department of Treasury alongside senior administration officials and key stakeholders. ‘TRUMP ACCOUNTS,’ EXPLAINED: WHO…
The IRS has extended the deadline to make certain amendments for IRAs, SEP arrangements, and SIMPLE IRA plans to December 31, 2027. The extension was announced in IRS Notice 2026-9, which provides additional time for amending retirement arrangements to comply with the SECURE 2.0 Act of 2022. Under the notice,…
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