Could Trump Accounts become a new employee benefit? Starting July 1, 2026, employers may contribute up to $2,500 annually to government-backed, IRA-like accounts for employees’ children under a pilot program. Learn how Section 128 contributions work, eligibility rules, tax advantages, and what this benefit could mean for employers and working families.

The recently passed New York State budget introduces several significant changes that will impact both employers and employees. Understanding these changes is crucial for maintaining compliance and ensuring a smooth transition in your workplace.