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One Big Beautiful Tax Bill

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Trump Accounts expand to individual stocks as auto-enrollment begins
economy2 days ago

Trump Accounts expand to individual stocks as auto-enrollment begins

The Trump administration began automatically enrolling children under 18 in tax-advantaged investment accounts, while new rules allow wealthy donors to contribute individual company stocks. Michael Dell defended the stock donation shift, arguing it exposes children to capital markets, though critics warn it ties long-term financial security to single companies. Parents must manually claim the accounts to receive the federal seed contribution.