A recent Slott Report article discussed “Trump accounts,” the new savings vehicle for children created by the One Big Beautiful Bill Act (OBBBA). As with most new laws, there are a number of unanswered questions about Trump accounts that need to be addressed by the IRS. Fortunately, since Trump account contributions can’t be made before July 4, 2026, the IRS should have enough time to issue guidance. Here are the some of the outstanding questions:

Ed Slott and Company, LLC blogs

08.08.2025

QCDs and 529-to-Roth IRA Rollovers: Today’s Slott Report Mailbag - Ed Slott and Company, LLC

Question:I am 70 years old and do not have to start taking required minimum distributions (RMDs) for three years. Can I do a qualified charitable distribution (QCD) from my IRA now? Or, do I have to wait until age 73 when I have to start taking RMDs?

Ed Slott and Company, LLC blogs

08.08.2025

Mr. T: “I Pity the Fool Who Misses Their RMD” - Ed Slott and Company, LLC

Laurence Tureaud, born May 21, 1952, is better known as Mr. T. He is an actor and a retired professional wrestler. He is famous for his roles as B. A. Baracus in the 1980s television series “The A-Team” and as boxer Clubber Lang in the 1982 film Rocky III.

Ed Slott and Company, LLC blogs

12.08.2025

5 Random Retirement Account Trivia Questions - Ed Slott and Company, LLC

Are the current tax brackets, made “permanent” by OBBBA, really here forever?Not necessarily. The One Big Beautiful Bill Act (OBBBA) did extend the tax rates established by the 2017 Tax Cuts and Jobs Act “permanently.” But that word has a different meaning when it comes to tax law. Yes,

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Ed Slott and Company, LLC blogs

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Six Unanswered Questions on Trump Accounts - Ed Slott and Company, LLC

QCDs and 529-to-Roth IRA Rollovers: Today’s Slott Report Mailbag - Ed Slott and Company, LLC

Mr. T: “I Pity the Fool Who Misses Their RMD” - Ed Slott and Company, LLC

5 Random Retirement Account Trivia Questions - Ed Slott and Company, LLC

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Ed Slott and Company, LLC blogs