IRS Updates Gift Tax Rules for New Trump Account Contributions

IRS Updates Gift Tax Rules for Contributions to New Trump Accounts

IRS Updates Gift Tax Rules for Contributions to New Trump Accounts

Trump Accounts are now available for kids. Here’s where the money will be invested in the stock market—in line with Warren Buffett’s advice

The Fourth of July marks the official launch of Trump Accounts, allowing parents to set up the new type of custodial individual retirement account for kids. Any child with a Social Security number who’s under 18 by the end of the year when the account is created is eligible. And for children born between Jan. []

Congressional Report on Trump Taking Over 250th Celebration

Under President Donald Trump, this anniversary has been hijacked and perverted into a hotbed of corruption and self-enrichment. This interim report documents how the machinery built for a national commemoration was converted, deliberately and over a period of months, into an apparatus for raising and spendingmoney in service of the President's ego, political ideology, and pet projects.

IRS says Trump Account contributions will not trigger gift tax reporting requirements

Contributions to Trump Accounts will not be subject to gift tax reporting under the safe harbor rules, according to guidance issued Monday by the U.S. Department of the Treasury and the Internal Revenue Service. As a result, parents, guardians, grandparents and others can contribute up to 5,000 a year in after-tax dollars to a Trump []...Click to read more

What are Trump Accounts for kids? And should you open one?

Trump Accounts, the president’s foray into free cash for American children, will officially launch on July 4, the nation’s 250th birthday. The accounts are designed to help families grow a savings for children from the time they’re born, capitalizing on the 20 years or so they presumably have before entering the workforce. Babies born between []

Trumps Fireworks And Emergency Air Pollution Warnings

Alrighty, this is actually new and different to me, at least. Trump wants to set a new record with his Trump Rally fireworks. We can’t call it America’s Birthday anymore, not really. Well, looking at all the pretty explosions is all well and good, but there’s something that hasn’t been taken into account, and that

Trump’s birthday passport emulates an old-fashioned dictator

Americans have responded with confusion and alarm

Trump Accounts for kids launch on July 4: Key things parents need to know to boost wealth for their children

Trump Accounts, a government-backed savings initiative for children, starts on July 4. The accounts will be funded by federal deposits and private contributions

Trump accounts launch soon. Can you still register your child?

Trump accounts will soon accept their first contributions.

The Trump Program That Could Create A Generation Of Capitalists

In between parties for our nation’s 250th birthday party, I spent some time over the weekend opening six new Trump Accounts for my six children, ages three to 12. They aren’t eligible for the 1,000 baby bonus for opening the accounts, but the younger four will receive 250 each from the Dell Foundation, available to ...

Trump Accounts can help build long-term wealth, but only after ensuring 2 behaviors, exclusive research finds

So far, more than 6 million families have signed children up for Trump Accounts, which officially launch on July 4. The accounts, also known as 530A accounts, are open to any U.S. child with a Social Security number under the age of 18 and include a one-time 1,000 seed contribution from the U.S. Department of the Treasury for babies born from 2025 through 2028. Certain children are eligible for a 250 contribution from tech CEO Michael Dell and his wife Susan, and others may receive contributions from their parents' employers. Firms such as SoFi and Charter Communications have vowed to match the initial federal contribution...

Families contributed nearly $125 million to Trump Accounts in first five days

EXCLUSIVE — Families owning Trump Accounts have been pouring funds into the new investment vehicle, with the program’s launch drawing praise from both sides of the aisle. The program had been generating bipartisan buzz for months after being signed into law as part of President Donald Trump‘s One Big Beautiful Bill Act last July 4. []

Trump Accounts Just Launched. Can You Get a Free $1,000 for Your Child?

Trump Accounts are live as of July 4, 2026. Here's what they are, who gets the 1,000, and what to do if your kid doesn't qualify.

How to Get the Most Out of Your Kid’s Trump Account

Families with young kids can officially start putting money in a Trump Account as of July 4, 2026. But is this account right for you and your kid's savings goals and needs? Sarah Foster explains (Source: Bloomberg)

This Amazing Trump Account Rule Will Change Employee Benefits Forever

This Amazing Trump Account Rule Will Change Employee Benefits Forever

President pushes 'Trump Accounts' for children

A Trump Account is essentially an account that's set up with taxpayer dollars to prepare young people for their eventual retirement. KTLA's David Lazarus has more on what you need to know. Subscribe: https://www.youtube.com/ktla?sub_confirmation=1

Trump says JFK the 'second most good-looking president' leaving many to wonder who is number one

Donald Trump’s appearance on Usha Vance’s podcast is the gift that keeps on giving with the president coming out with some real zingers.

La Cour suprême américaine autorise un éventuel renvoi des demandeurs d’asile à la frontière avec le Mexique

L’administration de Donald Trump peut désormais renouer avec une politique, lancée en 2016 et suspendue sous Joe Biden, consistant à empêcher les migrants de franchir la frontière avec le Mexique pour ...

Trump Allies Behind Empty State Fair Rocked by Bombshell Allegations

Evan Vucci/ReutersThe group behind Donald Trump’s Great American State Fair flop has been accused of defrauding donors who wanted to give money to a rival organization.A report from Democrats on the House Natural Resources Committee outlines a series of allegations against the Trump-backed Freedom 250, which has been behind several other tacky, MAGA-esque events marking America’s 250th birthday.Among the most serious claims is that donors who wanted to give money to America250—a bipartisan group created by Congress to organize and promote events celebrating the nation’s landmark birthday—were purposely misled and given wire instructions containing Freedom 250’s banking information so their funds would instead be redirected to the group backed by the president.Read more at The Daily Beast.

LIVE: Trump launches Trump Accounts in Oval Office

U.S. President Donald Trump launches Trump Accounts in the Oval Office, a ‌new tax-deferred investment vehicle for U.S. citizens under 18. Under the scheme, the U.S. Treasury will deposit $1,000 as seed money into an investment account for each child with a valid Social Security number born between 2025 and 2028. #trump #stocks #trumpaccounts #markets #finance #treasury #live #Reuters #News Keep up with the latest news from around the world: https://www.reuters.com/

Why Trump Accounts Are Just Another Scam

(NaturalNews) Do the Math on Trump AccountsLet me be blunt: the new Trump Accounts program, launched with great fanfare this year, is nothing more than a shiny tr...

"MAGA Inc.": CorpWatch on Trump's World of Tech Titans, Crypto Czars & Prison Profiteers

A new report by CorpWatch titled ”MAGA Inc.” reveals which allies of President Trump are profiting off of the administration’s policies. Pratap Chatterjee, executive director of CorpWatch, says that prison companies and Big Tech companies have cashed out on policies of mass deportation. “The people that we think are profiting the most out of MAGA [are in] the business of deportation, the business of gathering data,” says Chatterjee. Palantir, in particular, has provided the government with information to support the surveillance of immigrants and data to support war efforts. The Trump family is also expanding their fortune through cryptocurrency, according to the report. “These are schemes by which you can move money anonymously around the world, something that drug dealers, gun manufacturers or gun dealers and criminals love,” says Chatterjee. “This is the sort of business that is now benefiting the Trump family.”

Historic redesign of US passport features imposing image of Donald Trump

Historic redesign of US passport features imposing image of Donald Trump

Trump asks Americans to vote for rebranding “ICE” to “NICE” in efforts to cool down critics over stance on illegal immigration

US President Donald Trump has floated the idea of renaming Immigration and Customs Enforcement (ICE) to NICE, saying the change would be part of a public poll and could help reshape perceptions of the agency amid ongoing debate over illegal immigration policies by his administration.

Trump Accounts to Be Assigned at Birth by Social Security Admin

Social Security Takes the Lead in Expanding Trump Accounts President Donald Trump is moving to make Trump Accounts a routine part of every eligible American child’s start in life by assigning the responsibility to the Social Security Administration, the federal agency that already processes nearly every newborn’s Social Security number. Rather than requiring parents to [] The post Trump Accounts to Be Assigned at Birth by Social Security Admin appeared first on The Punching Bag Post.

Trump Shares New US Passport Design on Truth Social

The mockup shows limited-edition passports planned for a July rollout to celebrate America’s 250th anniversary.

Vance or Rubio: Is Trump's 2028 heir already chosen?

Vance or Rubio: Is Trump's 2028 heir already chosen?

Trump’s pardons for Jan. 6 rioters don’t apply to DC pipe bomb suspect, judge rules

WASHINGTON (AP) — President Donald Trump’s mass pardons for supporters who stormed the U.S. Capitol don’t apply to a Virginia man charged with planting pipe bombs near the national headquarters of the Democratic and Republican parties on the eve of the Jan. 6, 2021, riot, a federal judge ruled Monday. U.S. District Judge Amir Ali [] The post Trump’s pardons for Jan. 6 rioters don’t apply to DC pipe bomb suspect, judge rules appeared first on Loonie Politics.

Donald Trump is reportedly considering pardon for P Diddy

Hardly anybody surprised US President Donald Trump is considering pardoning Sean “Diddy” Combs, as he meets with his pardons team to discuss releases from prison. According to CBS, Trump is thinking about showing clemency to “Diddy” in a fresh update on the former rapper’s case. As per sources close to the broadcaster, Donald Trump was []

President Donald Trump Makes 'Threesome' Joke About Sons Eric and Don Jr.

President Donald Trump is raising eyebrows for his latest joke involving his sons, Donald Trump Jr. and Eric Trump. While attending the opening of the Theodore Roosevelt Presidential Library in North Dakota on Wednesday, July 1, the commander in chief, 80, expressed his wishes to one day receive the Congressional Medal of Honor. “Now, as []

Wong Turn: SCOTUS Denies Trump on Birthright Citizenship; UPDATE: Trump Salutes SCOTUS

Wong Turn: SCOTUS Denies Trump on Birthright Citizenship; UPDATE: Trump Salutes SCOTUS

Trump’s $1bn plan to remake America’s capital

The US president calls it a ‘gift’ to the nation. Critics say he is racing past checks to stamp his mark on the capital

'He likes to troll’: Trump unveils ‘patriot passport’ with his image for America’s 250th

​Sky News contributor Kosha Gada says US President Donald Trump is introducing the ‘patriot passport’ for America’s 250th birthday with his portrait inside the front cover because he is a “troll”. “He loves to see his name on everything,” Ms Gade told Sky News Senior Reporter Caroline Marcus. “My personal view is that the reason for this is because he does like to troll.

Fox News’ Brit Hume Reacts To Trump’s $1.2B Crypto Windfall After Federal Ethics Disclosure

A newly released federal financial disclosure revealing that President Donald Trump made over 1.2 billion in cryptocurrency income during his first year in office has sparked intense debate over presidential finances and ethics. The disclosure shows that the Trump family has generated billions in the crypto sector, a development that Fox News anchor John Roberts [] Fox News’ Brit Hume Reacts To Trump’s 1.2B Crypto Windfall After Federal Ethics Disclosure

Trump's pardons for Jan. 6 rioters don't apply to DC pipe bomb suspect, judge rules

A federal judge has ruled that President Donald Trump’s mass pardons for supporters who stormed the U.S. Capitol don’t apply to a Virginia man charged with planting pipe bombs near the national headquarters of the Democratic and Republican parties on the eve of the Jan. 6, 2021, riot.

Financial Disclosures Reveal Sharp Income Gains For JD Vance And Melania Trump In 2025

JD Vance and Melania Trump both reported significant increases in their earnings in 2025, according to financial disclosure documents reviewed by The New York Times. The disclosures shed light on the personal finances of two of the most prominent figures connected to the current administration, revealing notable year-over-year income growth. Vance, who serves as Vice [] The post Financial Disclosures Reveal Sharp Income Gains For JD Vance And Melania Trump In 2025 appeared first on Foreign Policy Journal.