The accounts are opened by parents or by the government when a tax return is filed. Family and friends can contribute up to ...

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.

These new accounts might provide a nice bonus for new parents, but most Americans might not be able to take full advantage of ...

President Donald Trump’s “One Big Beautiful Bill” will establish a savings account for millions of babies born in the U.S.

Hear about the tax-deferred investment account for kids that's part of the One Big Beautiful Bill Act? While “Trump accounts” ...

President Donald Trump has unveiled a groundbreaking initiative as part of the 'One Big Beautiful Bill' to establish a $1,000 ...

President Donald Trump’s “Big Beautiful Bill” includes a new way to save for children’s futures, which involves free money.

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 ...

Families can contribute up to $5,000 a year into Trump accounts, with employers allowed to chip in up to $2,500 of that amount.

One of the key provisions of President Trump's "Big Beautiful Bill" establishes so-called "Trump Accounts," designed to ...

Under Trump’s “big beautiful bill,” children born in 2025 through 2028 will receive a $1,000 deposit into a Trump account.