Explainer-Can 'Trump Accounts' boost savings for younger Americans?

By Lauren Young NEW YORK, Jan 28 (Reuters) - "Trump Accounts" are tax-advantaged investment accounts designed to boost the savings of U.S. citizens under the age of 18. More than 500,000 families have signed up for the program, which the government will roll out this summer. HOW TRUMP ACCOUNTS WILL WORK The government will launch the program in July. The U.S. Treasury will deposit $1,000 of seed ​money into investment accounts for all children born between 2025 and 2028 with a valid Social Security nu ...