News

'Trump Account' newborns could have $1.9M by 28, Treasury Dept. says — here's what's required to get that much

When the One Big Beautiful Bill was signed into law on July 4, it created a new account for children. The so-called “Trump ...

'Trump accounts' for newborns could grow to $1.9M, Treasury says

New Treasury projections show that the "Trump accounts" offered to American children could grow up to $1.9 million, depending ...

Newborns with $1K Trump Accounts could have $1.9M by 28, Treasury Dept. says — here's how much you'd need to invest each year to get that number

When the One Big Beautiful Bill was signed into law on July 4, it created a new account for children. The so-called “Trump ...

Trump’s Treasury secretary said 'Baby Accounts' are 'backdoor for privatizing Social Security' — is that a good thing?

While having a new way to save for a child’s future might generally sound like a positive initiative, Treasury Secretary Scott Bessent’s recent comments have stoked fears that the Trump accounts ...