WATCH LIVE: Trump participates in launch of ‘Trump accounts’
The Trump accounts are tax-deferred investment savings accounts for children, which families can contribute up to $5,000 annually, and the child can access once they turn 18.Advertisement The government is kickstarting each account off with $1,000 for children born between Jan. The Treasury Department also announced last week that it would accept contributions of readily tradable public company stock to help fund the accounts.
- ▪The Trump accounts are tax-deferred investment savings accounts for children, which families can contribute up to $5,000 annually, and the child can access once they turn 18.Advertisement The government is kickstarting each account off with
- ▪The Treasury Department also announced last week that it would accept contributions of readily tradable public company stock to help fund the accounts.
Opening excerpt (first ~120 words) tap to expand
President Donald Trump will ceremonially launch his “Trump accounts” during an Oval Office event on Monday, around 9:30 a.m.WHAT TO KNOW ABOUT TRUMP ACCOUNTS AS TREASURY ROLLS OUT NEW APP Recommended Stories Burgum: ‘Nothing I could possibly agree with’ on white nationalist march Reflecting Pool algae was ‘in the pipes’ Burgum says despite Trump blaming vandals Trump touts American exceptionalism and condemns communism in July 4 speech The Treasury Department launched the program on Saturday, one year after Trump signed the accounts into law as part of the One Big Beautiful Bill Act.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Washington Examiner.
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