TREASURY, IRS ISSUE PROPOSED REGULATIONS ON ELIGIBLE INVESTMENTS FOR TRUMP ACCOUNTS UNDER THE WORKING FAMILIES TAX CUTS

WASHINGTON, Aug. 20 -- The U.S. Department of the Treasury's Internal Revenue Service issued the following IRS Employee Plans News:

The Department of the Treasury and the Internal Revenue Service today issued proposed regulations (https://www.federalregister.gov/public-inspection/2026-17123/guidance-eligible-investments-for-trump-accounts) on eligible investments for Trump Accounts, a new type of traditional IRA under the Working Families Tax Cuts.

"These proposed regulations will provide clarity for trustees and beneficiaries of Trump Accounts, thus encouraging eligible participants to invest in low-fee mutual funds and ETFs that will grow on a tax-deferred basis potentially over their entire lives," said IRS Chief Executive Officer Fran...