12hon MSN
Breaking down Trump accounts: How to start savings accounts for millions of American children
On Tuesday, the U.S. Treasury Department rolled out the first information on Trump accounts, which will help eligible families save money for their children.
Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.
Parents who open a "Trump Account" for their child will receive $1,000, which is invested in the stock market and can be accessed when the child turns 18.
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