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Technically, any parent can open a Trump Account for their child. But only children born after Dec. 31, 2024, and before Jan.
Under the final iteration, the so-called Trump accounts are custodial individual retirement accounts for kids, with special rules until the year the child turns 18. For the next few years, they come ...
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Money Talks News on MSNShould Parents Open Trump Accounts for Their Kids? Financial Experts Urge Caution
President Trump's new investment program gives every American baby born through 2028 a $1,000 government head start. But financial experts are warning parents that these "Trump accounts" may not be ...
President Donald Trump’s “Big Beautiful Bill” includes a new way to save for children’s futures, which involves free money.
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CNET on MSNWhat Are 'Trump Accounts'? Breaking Down the Big Beautiful Bill's Newborn Savings Accounts
These new accounts might provide a nice bonus for new parents, but most Americans might not be able to take full advantage of ...
Hear about the tax-deferred investment account for kids that's part of the One Big Beautiful Bill Act? While “Trump accounts” ...
There’s a new baby bonus for newborns on the block, referred to as the “Trump Account,” thanks to a recent law signed in 2025 ...
The accounts are opened by parents or by the government when a tax return is filed. Family and friends can contribute up to ...
One of the key provisions of President Trump's "Big Beautiful Bill" establishes so-called "Trump Accounts," designed to ...
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