Personal Finance
Monday, 6/29, 07:44 PM
The IRS Clears a Gift-Tax Worry for the New Trump Accounts. What to Know
- New federal guidance says money put into a child's 'Trump Account' won't trigger gift-tax paperwork, as long as your total gifts to that child stay under the $19,000 annual limit.
- Here's how these new accounts work — and how they stack up against a 529.