The proposed regulations also clarify nondiscrimination requirements for employers offering Trump Account contribution programs and dependent care assistance programs. "The proposed regulations will provide a framework for businesses establishing a Trump Account contribution program, a new benefit for American working families." The proposed regulations also clarify how the nondiscrimination requirements apply to Trump Account contribution programs and dependent care assistance programs. It also allows certain employer contributions to Trump Accounts to be excluded from an employee's gross income. Parents, guardians, and other authorized individuals can use IRS Individual Online Account to complete Form 4547, Trump Account Election(s) to open a Trump Account for a child with a Social Security number if the election is made before the calendar year in which the child turns age 18.