Kit document
Payroll / contribution workflow checklist
⚠️ Educational only
Confirm reporting with your payroll provider and CPA — IRS reporting guidance may still evolve.
- Collect employee attestation: eligible child + Trump Account established
- Capture trustee / account identifiers needed for contribution (per provider)
- Set annual cap controls: ≤ $2,500 / employee and child’s remaining $5,000 room
- Choose cadence: lump sum, quarterly, or payroll-synced
- Document GL / benefit code with finance
- Test a pilot group before open enrollment
- Publish employee FAQ + support contact
- Calendar year-end reconciliation