As “Trump Accounts” Near Blastoff, Questions Around Implementation Continue to Swirl

With key rules around “Trump Accounts” still unresolved ahead of their planned July 4 launch, CFP Board submitted a formal comment letter urging Treasury and the IRS to provide clarity so advisors can properly evaluate and recommend the accounts. In the letter, CFP Board emphasized the need for guidance on issues including eligible index funds, how the fee cap would apply, and whether advisors assisting clients would be acting in a fiduciary capacity.

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