Source
David M. Barral, CPA/PFS, CFP
Published
The One Big Beautiful Bill Act (P.L. 119-21) was signed into law on July 4, 2025, and § 70204 of OBBBA added new IRC §§ 530A, 128, 6434, and 139J. IRC § 530A created Trump accounts, which are essentially Individual Retirement Accounts (but not Roth IRAs) for minors without the need for them to have […] The post Understanding the Merits of Trump Accounts appeared first on The CPA Journal.
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