Wealthy Individuals May Be Permitted to Donate Stock to Federal Child Savings Accounts
The U.S. government is considering allowing billionaires to donate stock in their companies to the federal 'Trump Accounts' program for children, which was initially designed as a $1,000 IRA-style account per child born between 2025 and 2028. The proposal could expand investment options beyond cash into individual stocks like Tesla or Nvidia.
Topics: child savings program policy change stock donations Trump Accounts