All Points Bookkeeping, LLC

REMINDER TO PARENTS: You must elect to enroll your child in the historic Trump Accounts program on your tax form.

Families with a newborn will have an automatic $1,000 deposit made. Those with children under 10 will have a $250 contribution made.

Don’t miss out on this opportunity!

https://www.facebook.com/share/1B11m2VgSP/?mibextid=wwXIfr

Welcoming a new member of your family will come with new benefits under the Working Families Tax Cuts. The and Treasury have issued guidance that overviews how Trump Accounts work and answers questions on creating the account, the $1,000 pilot program contribution and more. Taking advantage of this individual retirement account (IRA) for your child starts them off with a leg up. These funds cannot be withdrawn from the accounts until January 1 of the year the child turns 18. After that point, the account is treated like a traditional IRA.

Learn more about Trump Accounts at https://ow.ly/nYLo50XBrVx.