breaking

Trump Administration Explores Stock Donations to Child Investment Accounts

The Trump administration is evaluating whether to permit stock contributions to Trump Accounts, investment vehicles designed for American children. Currently, the accounts only accept cash donations. Allowing appreciated stock transfers would create substantial tax advantages for wealthy donors, enabling them to avoid capital gains taxes while claiming fair-market-value deductions against income. Michael and Susan Dell have committed $6.25 billion to fund Trump Accounts for 25 million children aged 10 and under in lower-income ZIP codes. Legal experts remain divided on whether such a policy change would require Congressional action or could be implemented through Treasury Department guidance or executive order. The potential modification mirrors existing tax structures available through donor-advised funds and charitable entities.