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Lashier, Bonefas, Baldwin & Co, PC

Lashier, Bonefas, Baldwin & Co, PC

Certified Public Accountants

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    Tag: Form 4547

    Trump Accounts

    Beginning July 2026, parents can set up Trump Accounts for their children under 18 by filing Form 4547. Children born between 2025-2028 will receive a $1,000 tax-free contribution if parents elect to participate. The Dell Foundation will fund eligible accounts, with investment in low-cost index funds. Withdrawals start at age 18.

    February 14, 2026February 14, 2026 by Administrator

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