Trump Accounts come with $1,000 seed deposits for babies born between 2025 and 2028. These accounts could be even more valuable if IRS rules allow a key conversion at age 18.
New York is expanding financial aid and waiving college application fees for almost 130 institutions statewide in an effort to lower financial barriers for high schoolers heading to college.
The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.