IRS Issues Initial Guidance on “Trump Accounts” Under the One Big Beautiful Bill Act
- On December 10, 2025
On December 2, 2025, the IRS released Notice 2025-68, outlining how forthcoming regulations will apply to the new “Trump Accounts” created under the One Big Beautiful Bill Act (OBBBA). These accounts are designed as tax-advantaged savings vehicles for minors and will first become accessible in 2026.
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