Trump Accounts

Trump accounts are a type of investment account, similar to a 529 plan, that allows families to save for a child's future expenses, such as education, with potential tax benefits. The accounts are named after the Trump administration and were initiated by the Treasury Department.

Why it’s in the news: They are in the news due to their recent expansion and the significant $2,500 tax break they offer to parents who contribute to them.

Latest on Trump Accounts

• ‘Trump accounts’ could force MAGA children to own New York Times stock
• Trump Accounts’ Extraordinary Expansion Puts Individual Stocks Into Kids’ Holdings
• The Treasury Department started Trump accounts for 60 million kids — but families still have to take this step if they want one
• Parents putting money in ‘Trump accounts’ could get a $2,500 tax break. Here’s how.
• Will Trump accounts and grandparent 529s bring down the price of college in the future?
• Trump accounts were closed in 2021 over money-laundering concerns, Capital One says
• Presidential Message on the Anniversary of the Liberation of Guam
• President Trump Rings in Trump Accounts with Historic Opening Bell Ceremony from the Oval

Connections

12 entities linked to Trump Accounts across the news graph.