MJ Insight

Explore MJ Insight, where we cover trending topics, provide industry insights, and keep you up-to-date on the latest compliance regulations.

Compliance
Compliance | Employee Benefits

NONDISCRIMINATION RULES FOR BENEFIT PLANS

Many employee benefits are excluded from employees’ gross income and, thus, are not taxable when specific conditions are met. One of these conditions is often some type of nondiscrimination requirement, which ensures that the benefit plan does not discriminate in (…)

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Retirement
Hand inserting a coin into a pink piggy bank against a light blue background, symbolizing savings and financial planning.
PUBLISHED March 12th, 2026

530A Accounts (“Trump Accounts”) — Summary as of 3/5/2026

Scott T. Bilyou

What Is a 530A / Trump Account? A new type of individual retirement account for children under age 18, created under the One Big …

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