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As a new mom, planning for my daughter’s future is top of mind. Before opening a savings or brokerage account, I asked ...
The GOP megabill provides newborns with $1,000 in a tax-advantaged investment accounts. Here’s the best advice for how to ...
Parents can deposit up to $5,000 into a Trump Account annually until the year their child turns 18. But should they do that?
Trump Accounts are a marked improvement from the baby bonuses floated last year. Most fundamentally, Trump Accounts reflect a ...
The new savings vehicles, akin to individual retirement accounts, are designated for U.S. citizens born from 2025 through ...
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 ...
Lawmakers have been calling for some form of investment account for newborns for years with mixed results, but the Trump account aims to solve the dilemma.
By focusing on saving for the future, Trump Accounts blunt inflationary fears and shrink fiscal impacts. Vice President JD Vance proposed a $5,000 baby bonus as a candidate, which Trump supported.
How Trump Accounts stack up While the so-called Trump Account offers a new way to kickstart savings for the next generation, it’s not without trade-offs.