Monday, August 31, 2026
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Federal Compliance Update
Key Takeaways
Impacted Employers: Employers that choose to make contributions to Trump Accounts for employees or their tax dependents.
Effective Dates: Regulations are proposed and have not been finalized.
Summary: Treasury and the IRS issued proposed regulations (REG-101355-26) providing guidance to employers that choose to make contributions to Trump Accounts for employees or their tax dependents. The proposed regulations also clarify nondiscrimination requirements for employers offering Trump Account contribution programs and dependent care assistance programs. Review the details here.
Next Steps:
Trump Accounts provide employers with a potential new way to help their employees build long-term savings for their children and tax dependents. While final regulations have not yet been issued, the proposed regulations offer employers important information for evaluating and implementing Trump Account contribution programs.
ADP® will continue monitoring Treasury and IRS developments and will provide updates as additional guidance is released.