IRS Releases Draft 2026 Publication 15-A

The IRS released a draft 2026 Publication 15-A, Employer’s Supplemental Tax Guide (Supplement to Pub. 15, Employer’s Tax Guide). This publication, as a supplement to Publication 15, contains specialized and detailed employment tax information supplementing the basis information provided in Publication 15, including information for pensions and annuities. The “What’s New” section indicates the following regarding new Trump accounts for children under the age of 18.

• Beginning July 4, 2026, employers may contribute up to $2,500 a year, which will be indexed for inflation after tax year 2027, toward the $5,000 contribution limit.
• The employer contribution isn’t subject to federal income tax withholding because the contribution isn’t included in the gross income of the employee.
• The employer contribution is still subject to both the employer share and employee share of social security tax and Medicare tax.