logo
episode-header-image
Yesterday
10m 58s

How Employers Can Contribute $2,500 To T...

The College Investor
About this episode

Employer contributions to Trump Accounts become legal on July 4, 2026 — one year to the day after the One Big Beautiful Bill Act created the new children's savings accounts. For small business owners, the launch opens a question worth real money: can your business fund your own kids' accounts with pre-tax dollars?

The answer appears to be yes for many owners, but the mechanics matter. The tax break runs through new Internal Revenue Code Section 128, which lets an employer contribute up to $2,500 per year to the Trump Account of an employee or an employee's dependent without the amount counting as taxable income to the employee.

For a solopreneur who is also an employee of their own company, that can mean a business deduction on one side and no income tax on the other — a combination that is hard to find elsewhere in the code.

But the provision comes with paperwork requirements, contribution caps, and several unresolved questions the IRS has not yet answered. Here is what the rules require, where the opportunity sits for owner-operators, and the mistakes that could undo the benefit.

Up next
Today
When Dollar Cost Averaging Works And When It Doesn’t
Dollar-cost averaging is a simple but effective strategy for addressing stock market volatility. Instead of trying to time the market with a large lump-sum investment, it invests smaller amounts at regular intervals.Sometimes, dollar-cost averaging works better than lump-sum inve ... Show More
7m 21s
Jul 17
New Department of Education Rule Makes Accreditors Prove Degrees Are Worth The Cost
The job hasn't changed, but the degree required to get it has. Over the past three decades, one profession after another has raised its educational entry price: a bachelor's became a master's...a master's became a doctorate...a short training course became a year of mandatory cla ... Show More
18m 37s
Jul 16
Lawsuit Demands Proof Education Dept. Delivered $23 Billion in Student Loan Forgiveness
A new federal lawsuit is trying to answer a question more than 1.5 million student loan borrowers have been asking: did the Department of Education actually cancel the loans it publicly promised to forgive?The Project on Predatory Student Lending (PPSL) sued the Department (PDF F ... Show More
6m 39s
Recommended Episodes
Jun 2022
Student Finance
<p>Are you ready for the start of university? From loans to bursaries, discounts to freebies, Charmaine Cozier puts your questions to our expert panel on all things student finances. We hear from Jordan, Andrew, Phoebe, and Susan as we try to prepare you for higher education. ... Show More
29m 9s