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New Legislation Employee Contributions Income Taxes

Littler

Employers May Offer a New Benefit Through “Trump Accounts”

Littler on

The One Big Beautiful Bill Act (OBBBA), which was signed into law on July 4, 2025, establishes the pilot program for the “Trump account,” an investment account for U.S. citizens under age 18 with a social security number....more

Snell & Wilmer

House Bill Offers New Tax-Favored Savings Account

Snell & Wilmer on

By Matthew P. Chiarello On May 22, 2025, the U.S. House of Representatives passed the “One Big Beautiful Bill Act” (the Act), a sweeping piece of legislation backed by President Trump. Among its many provisions is the...more

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