Group 1 - Turning Point USA will match the federal government's new "Trump Account" deposits for employees' children, enhancing the tax-advantaged savings program [1] - Erika Kirk, CEO of Turning Point USA, emphasized the importance of young families and children, reflecting her late husband's values [2] - The organization will provide a dollar-for-dollar match of the federal government's $1,000 contribution to the 503A "Trump Account" for eligible newborns [3] Group 2 - Trump Accounts, authorized under the One Big Beautiful Bill Act, serve as long-term investment vehicles for children under 18, with the Treasury Department depositing $1,000 for eligible US-born children from January 1, 2025, to December 31, 2028 [4] - Parents or guardians can open these accounts starting this tax season using IRS Form 4547, with investments required to be in mutual funds or ETFs tracking the S&P 500 or similar indexes [5]
Erika Kirk Vows Turning Point Will Match 'Dollar-For-Dollar' On $1,000 Trump Accounts For Employees' Newborn Children
Yahoo Finance·2026-02-02 18:31