However, the new deduction limitation on top-earning individuals now applies to trusts and estates, according to a footnote in the Joint Committee on Taxation's recent tax explainer, better known as the Bluebook.
—
Hayley Cuccinello,
CNBC,
4 June 2026
This will allow savers to keep their money gathered in one location while also being able to pay expenses, all while earning close to $4 for every $100 deposited.
Examples are automatically compiled from online sources to
show current usage.Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.