The Trump administration officially launched Trump Accounts for U.S. children over the Fourth of July weekend, and President Trump is encouraging parents and others to begin investing.
After the historic 250th American birthday celebration over the weekend, Trump announced the formal launch of Trump Accounts — investment accounts for children. According to reports, over 6 million accounts have been created, and 1.4 million newborns have received the $1,000 federal contribution — available to children born between January 1, 2025 and December 31, 2028. In order to open the account, parents must fill out Internal Revenue Service (IRS) Form…
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