Trump accounts, explained. 💸

Every newborn in America will become the owner of their very own Trump account. The latest tax legislation passed by Congress and signed into law creates new tax advantaged investment accounts for every child born from the beginning of 2025 through the end of 2028. These new accounts are designed for children and designed to provide some savings vehicle for families that are interested in creating savings accounts for their children.the $1,000 contribution from the government. That's for eligible newborns, ...