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Under the final iteration, the so-called Trump accounts are custodial individual retirement accounts for kids, with special ...
Technically, any parent can open a Trump Account for their child. But only children born after Dec. 31, 2024, and before Jan.
President Donald Trump’s “Big Beautiful Bill” includes a new way to save for children’s futures, which involves free money.
These new accounts might provide a nice bonus for new parents, but most Americans might not be able to take full advantage of ...
Hear about the tax-deferred investment account for kids that's part of the One Big Beautiful Bill Act? While “Trump accounts” ...
The accounts are opened by parents or by the government when a tax return is filed. Family and friends can contribute up to ...
President Donald Trump has unveiled a groundbreaking initiative as part of the 'One Big Beautiful Bill' to establish a $1,000 ...
President Donald Trump signed his new tax law on July 4, which included a provision that creates and funds investment accounts for babies born in the next few years. The accounts will be allowed to co ...
One of the key provisions of President Trump's "Big Beautiful Bill" establishes so-called "Trump Accounts," designed to ...
On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act (OBBA). The OBBA established a new type of tax-advantaged savings account for minors, known as “Trump Accounts.” ...