Tag Archives: Trump accounts

A year after Congress approved the legislation creating them, the Trump Accounts investment program officially became operational on Independence Day, opening a new government-backed savings vehicle intended to help children build long-term wealth through stock market investments. President Donald Trump marked the launch Monday by remotely ringing the opening bells …

Tucked in the “one big beautiful bill” is a proposal for tax-advantaged “Trump Accounts,” each seeded with $1,000 from the government for certain babies born in the United States over the next few years. But financial experts and advocates for low-income children are not overly impressed. The idea is not …