Payroll December 3, 2025
Sens. Ted Cruz, R-Texas, and Cory Booker, D-N.J., teamed up on a letter sent to Fortune 1000 chief executives on Dec. 1 encouraging their companies to contribute to the new investment accounts created for young children.
Payroll December 3, 2025
The government will make a one-time $1,000 pilot contribution to the account of each child who is a U.S. citizen born on or after Jan. 1, 2025, through Dec. 31, 2028.
Payroll July 15, 2025
Here’s what you should know about these “baby 401(k)s” and how they compare to other savings plans for children.
Payroll June 23, 2025
Under the tax-and-spending bill currently in Congress, qualifying parents of newborn children through Dec. 31, 2028, will receive $1,000 for what’s being called a Trump Account. It could be opened by a parent or guardian.