Ruhle: Who would benefit from the 'Trump Accounts' for babies?
MSNBC·2025-12-05 12:04
The Journal is reporting that Wall Street is now focused and they are looking to cash in on these new Trump accounts for babies. And I want to just take a moment to level set on what exactly these accounts are. They basically function like an individual retirement account for any American child under the age of 18.For babies born between 2025 and 2028, the government will make a one-time contribution of $1,000 into these accounts. You, your employer, and others can deposit more money and watch it grow taxfr ...