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Trump’s $1,000-per-child accounts spark questions about a new federal program

1 min read
Source: The Washington Post
Trump’s $1,000-per-child accounts spark questions about a new federal program
Photo: The Washington Post
TL;DR

Trump highlighted a GOP-created federal program, dubbed 'Trump accounts,' that would seed $1,000 per child born during his second term into investment accounts; the plan was added by last summer’s tax-and-spending law and is intended to promote saving for children.

Topics:businesseconomy#children#donald-trump#economy#government-finance#government-programs#personal-finance
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  1. What to know about Trump’s accounts for children: $1,000 per kid  The Washington Post
  2. What you need to know about Trump Accounts  NBC News
  3. 'Trump Accounts' means kids can save $270k by age 18. Larry Fink says adults have less than half  Fortune
  4. Treasury: Trump accounts sign up about 3 million kids in early push  CNBC
  5. Trump Accounts can be "transformational" for wealth-building — if families opt in  marketplace.org

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