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Donald Trump has announced the "Trump IRA," which is essentially a rebranding of Secure 2.0, a retirement savings program signed into law by Joe Biden in 2022. This move raises questions about transparency and the promotion of private companies. #TrumpIRA #Secure2

Nathan Jun hig... https://instagr.am/p/DX2q3iwCVb5/
Nathan Jun on Instagram: "CAN WE JUST HAVE ONE WEEK WHERE HE DOESN’T NAME SOMETHING AFTER HIMSELF?"

11K likes, 314 comments - nathancjun on April 30, 2026: "CAN WE JUST HAVE ONE WEEK WHERE HE DOESN’T NAME SOMETHING AFTER HIMSELF?".

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The new SECURE 2.0 Act of 2022, once signed into law, will allow plan sponsors to offer de minimis incentives for employees to participate in a retirement plan.

However, if a sponsor were to use the suggested incentive found in the Senate Finance Committee summary of the provisions in the Act, the value of that incentive would be taxable compensation since it would fail to meet the requirements for §132(a)(4) to be excluded from income.

#Taxodon #taxes #SECURE2.0