Trump account contribution programs involve more than plan design and contribution limits; employers also need to navigate proposed nondiscrimination rules that affect how these programs are designed, tested and administered.
Today’s blog focuses on Trump account contribution program design, payroll deductions, written plan requirements, employer contribution limits and implementation considerations.
Today’s blog covers considerations for employers regarding new proposed rules on how to establish Trump accounts and how to elect for eligible children to receive the Contribution Pilot Program.