CNBC is reporting that 530A will have option to contribute pre-tax direct from paycheck. Thoughts?

Is this real? Will it happen? pretax contributions? https://www.cnbc.com/2026/08/11/trump-accounts-employer-match-paycheck-contributions-treasury.html

This is a pretty meaningful upgrade to 530A accounts. If parents can contribute pre-tax directly through payroll t starts looking much more like a child's 401k. The big question for me is whether employers actually adopt it at scale and how the final rules treat the pre-tax contribution limits. With roth conversions at 24, and the ability to use roths in a limited way for housing down payments, weddings, education etc it's interesting.

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EDIT: this subreddit is ridiculous. please stop the diatribes on social security and trump. does anyone know anything about whether the content in this article is true, and when and how it will be rolled out, or how it ranks in investing accounts? the biggest downside seems to be trusting a 18 year old with hundreds of thousands, but notwithstanding that this beats a 529 in my view. if you're in the 33% income bracket the 5k year contribution is more like 3.5k. use the other 1.5k and put it into your 529 if you want. then us the 530a for college and/or convert to roth at age 24 and when your child is in a low tax bracket. when 401ks were first introduced did it takes years and years for employers to offer them? when will employers start offering 530a options?