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UNBELIEVABLE: Trump org | History Defined

Trump Accounts Just Got More Complicated: IRS Reveals New Rules for Employers

The IRS and Treasury propose new rules for Trump Account contributions, covering plans, verification, and payroll reporting, affecting businesses offering this benefit.

International Business Times UK

IRS Proposes New Investment Rules for Trump Accounts: What Parents Need to Know

The IRS has proposed new rules governing how money in Trump Accounts for children can be invested, including strict limits on fund fees, leverage and the types of stock indexes the investments can track.

The Free Financial Advisor

Michael Dell started his billion-dollar journey in a UT Austin dorm room in 1984; now he and Susan are giving $750 million to build an AI medical campus

US billionaire Michael Dell started his company from a UT Austin dorm room in 1984. Now, more than four decades later, Dell and his wife Susan are giving $750 million to build an AI-focused medical campus in Texas, taking their total donations to the university above $1 billion. In December…

The Economic Times

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Your Employer May Match Your Child's Trump Account: Here's How to Ask

Your employer can contribute up to $2,500 a year to your child's Trump Account. The funds won't be taxable income for you and are a deductible business expense.

Kiplinger

Robinhood CEO Says Trump Accounts Give Kids a Simple Way Into S&P 500 — ‘See the Magic of Compound Interest’

Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev said Wednesday that Trump Accounts currently offer children access to the S&P 500 through a low-cost exchange-traded fund.

Benzinga

529 Plans Beat Trump Accounts for College Savings, But It Makes Sense to Have Both: Here's Why

The government will put $1,000 into a Trump Account for eligible newborns. Take it, but remember that college savings will be better off in a 529 plan.

Kiplinger

IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to know

Employers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option to make pre-tax payroll contributions to these accounts. Known as Invest America accounts, the initiative seeks to boost awareness and encourage responsible savings for the future. Additionally, Michael Dell's foundation…

The Economic Times

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Employers Can Put $2,500 Tax-Free Into Your Child's Trump Account Under New Treasury Rules

The new rules explain contribution limits, employer requirements and how the $1,000 federal pilot fits into Trump Accounts.

International Business Times UK

Trump Accounts Just Became More Attractive to Working Parents: Employers Can Contribute $2,500 Tax-Free Under New Treasury Guidance

The U.S. Treasury Department and IRS have issued new guidance that would make it easier for parents and employers to put money into Trump Accounts for children.

Benzinga

Trump administration pushes stricter oversight of food ingredients

The Trump administration proposed a new rule for food companies. This rule requires reporting new ingredients to government regulators. It aims to close a loophole allowing substances with little oversight. Health chief Robert F. Kennedy Jr. announced the proposed measure. The rule will be open for public comment and review.

The Economic Times

I'm a Financial Adviser Who's About to Have a Kid: This Is How I'll Handle Trump Accounts

Parents have a new option for getting a jump-start on their child's financial future: Where a Trump Account could fit into your financial plan.

Kiplinger

Bill Ackman's next big bet is convincing Americans to fall back in love with capitalism

Also: All the news and watercooler chat from Fortune.

Fortune

Federal Judge Blocks New York ICE Mask Ban While Upholding Local Police Restrictions

A federal judge blocked New York's ICE mask ban, citing constitutional issues, while upholding state restrictions on local police cooperation with federal immigration authorities.

International Business Times UK

Trump Wanted Thousands Of Immigration Arrests A Day. ICE Is Reaching Record Numbers Of Detentions

Immigration detentions hit a monthly high in July, according to a new report.

International Business Times

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Benzinga

Weekend Round-Up: Rivian's Q2 Triumph, Trump's AV Push, Boeing's Sudan Connection, Baidu's London Test and Ford's Q2 Results

This week was a whirlwind of news in the tech and auto sectors. From Rivian’s impressive Q2 results to Trump’s push for autonomous vehicle deployment, there was no shortage of headlines. Let’s dive into the top stories.

Benzinga

Ross Gerber Calls Higher Oil Prices a 'Tax' on Non-EV Consumers, Says Trump Is 'Too Scared' to Escalate Iran War

Investor Ross Gerber on Thursday said that heightened oil prices amid the ongoing war with Iran have negatively impacted consumers with more costs as he casts doubt on President Donald Trump‘s willingness to escalate the situation.

The Guardian - US

The US agency that fights workplace discrimination just voted to stop measuring it

Republicans have moved to dismantle a 60-year-old demographic reporting system. Now the agency wants to choose what it sees

The Independent UK

Small businesses file lawsuits against Trump's new sweeping tariffs

Trump’s tariffs are headed to court — again

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International Business Times UK

GOP Senator Slams Trump Media's $100K Wall Street Deal as 'Buying Access'

Trump Media faces backlash for offering Wall Street firms early access to presidential social media posts, raising ethical concerns about market fairness and preferential treatment for wealthy investors.

The Free Financial Advisor

Trump Accounts Spark New Debate Over Social Security Privatization

Trump Accounts have suddenly dragged one of Washington’s most explosive retirement debates back into the spotlight: whether Americans should eventually direct some Social Security money into personal investment accounts. The accounts currently give eligible children a new tax-advantaged investment vehicle, but Sen. Ted Cruz’s comments have sparked questions about whether…

The Independent UK

Trump’s IRS boss spied on colleagues’ emails when he worked at JPMorgan: report

Bisignano denied allegation that he had spied on colleagues while serving as an executive of JPMorgan Chase

International Business Times

Another AI Leader In The Trump Admin Has Quit. He Lasted Three Months

The leader of the Trump administration's AI safety and security organization has quit after three months on the job.

Latin Times

Leavitt's First Briefing Back Covers the Waterfront — But Talks Around the Week's Deadliest Immigration Story

Leavitt's first briefing since maternity leave covered election hype, cooling inflation, and a betting scandal — but sidestepped the deadliest immigration story of the week.

MarketBeat

Trump Accounts: Comparing the 5 Selected Low-Cost Index ETFs

The Treasury named low-cost index funds eligible for Trump Accounts, including SPYM, IVV, VTI, SPTM, and ITOT, with SPYM as the default option at launch.

Fortune

New School economist: Trump Accounts will widen America’s wealth gaps

The $1,000 Baby Bonus is projected to grow to just $4,000 — unless you're already rich.

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