The Trump administration created "Trump accounts" to help families start investment accounts for children. Children born between Jan. 1, 2025, and Dec. 31, 2028, are eligible for a one-time $1,000 ...

Many people open new bank accounts without closing their old ones, a trend known as soft switching. Having multiple accounts can help you take advantage of higher interest rates, protect larger ...

On Wednesday, the White House announced additional support for Trump accounts, a type of tax-advantaged savings account for children. Here’s what families need to know about who is eligible for the ...

On August 29, 2025, The White House published a press release announcing that the recent fiscal reconciliation bill, dubbed the "big, beautiful bill," permits the establishment of Trump Accounts for ...

President Donald Trump unveiled a sweeping new savings initiative for children, dubbed "Trump accounts," a government-created investment program established under the One Big Beautiful Bill Act. The ...

(NEXSTAR) — Starting next year, qualifying children and newborns will gain access to so-called “Trump accounts.” Earlier this week, the program received a multi-billion-dollar donation to bolster ...

The "Trump accounts" program provides a one-time $1,000 federal investment in accounts for eligible American babies to grow wealth over time. Dell Technologies CEO Michael Dell is donating over $6 ...

American children born between the start of 2025 and the end of 2028 are eligible for a $1,000 deposit from the Treasury Department, and there are other ways to contribute to the new savings account.

To be eligible, the baby must be a US-born citizen, and both parents plus the baby must have Social Security numbers. How can I open one? Parents and guardians will be able to file a new online form ...

The IRS on Tuesday released initial details on Trump accounts, new individual retirement accounts (IRAs) for eligible children created under H.R. 1, P.L. 119-21, commonly known as the One Big ...

All babies born between 2025 and 2028 will get a gift from Congress and President Donald Trump: a $1,000 deposit into a “Trump Account.” Michael Dell, CEO of Dell Technologies, is contributing more ...

(NEXSTAR) — Next year, so-called “Trump accounts” will become available to the youngest Americans, with some on track to receive a $1,000 boost to their investment accounts via the Treasury Department ...