A central piece of the "One Big Beautiful Bill," introduced by President Trump and now moving through Congress, proposes a $1 ...

President Donald Trump signed into law the new tax bill, which includes the Trump accounts for newborns born over the next ...

The new savings vehicles, akin to Individual Retirement Accounts, are designated for children who are U.S. citizens born from ...

America's babies are becoming investors, each to receive $1,000 seed accounts via the reconciliation bill signed last week by President Trump. Why it matters: This could expand financial flexibility ...

Are they an investment in future capitalists, or the start of a basic guaranteed income?

Trump accounts, a proposed tax-advantaged investing account for parents, have gotten a makeover in the Senate version of the ...

Each account will be seeded with a one-time $1,000 contribution from the government, but only if parents opt in by checking a ...

Health Savings Accounts (or HSAs) offer more than just tax advantages for medical expenses. You can also invest any idle cash ...

Contributions are not tax deductible and anyone can contribute to the custodial account. Note that because the investment assets held in these accounts are in the minor's name, they show up as a ...