Bloomberg Law Features Lisa Carrasco on Trump Account Guidance and Employer Implementation
With the U.S. Treasury Department's long-awaited employer contribution framework for Trump Accounts now proposed, Partner Lisa Carrasco spoke with Bloomberg Law to discuss what the guidance resolved — and what remains unsettled for smaller businesses.
Lisa noted that smaller employers may have a harder time with implementation. Outstanding questions about how contributions will be transmitted, the role of third-party vendors, and forthcoming IRS investment guidance mean many smaller employers are still in a holding pattern. For those eager to move by 2027, Lisa advises considering limiting participation to employer-only contributions to reduce administrative complexity while the regulatory picture comes into focus.
Read more (subscription may be required): https://news.bloomberglaw.com/employee-benefits/trump-account-rules-ease-path-as-small-employers-face-slow-start
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