Trump Accounts for Kids: A New Tax-Deferred Savings Option
Over 6.5 million children have registered for Trump Accounts, tax-deferred investment accounts designed to provide financial benefits starting at age 18. These accounts allow contributions up to $5,000 annually and include a one-time $1,000 Treasury contribution for eligible U.S.-born children between 2025 and 2028.
Topics: government programs Roth IRA conversion tax-deferred savings Trump Account