Here’s a simple, no-jargon breakdown of how a Trump Account works, who qualifies, and what parents should know. (Reuters) Trump Accounts for Kids. The Trump administration has announced a new savings ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Learn how to get your child started with a checking or savings account Michelle ...

Treasury Secretary Scott Bessent on Wednesday unveiled the new website for the Trump Accounts program, a tax-deferred investment vehicle for American children. He also announced a new Trump Accounts ...

(NEXSTAR) – In 2026, parents and guardians will be able to start saving and investment funds for their children through so-called “Trump accounts.” With even the smallest contributions, the accounts ...

Marshall Gunnell is a Tokyo-based tech journalist and editor with over a decade of experience covering IT, cybersecurity and data storage. Alongside CNET, his work has appeared in ZDNET, Business ...

As a nationally recognized personal finance writer for the past decade, Jacob Wade has written professionally about banking and other consumer topics for Investopedia, Money.com, The Balance, ...

The tax benefits that come with the new Trump Account investment initiative are so skimpy that many are already predicting the program could be a bust. But as the administration gears to up to create ...

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Health savings accounts (HSAs) can soften the blow of medical ...

Access to special accounts that allow individuals with disabilities to save without losing out on government benefits will soon expand dramatically and people with the accounts will be able to save ...

The Treasury Department has released new details on the Trump Accounts program, a tax-deferred investment option that provides a $1,000 government contribution for eligible children. Treasury ...

A joint bank account is useful if you're combining finances, whether that means saving for a mutual goal, paying shared bills, teaching your children money management skills or starting a business ...

Although The Federal Reserve cut rates by 25 basis points at its meeting on Dec. 10, and the national average APY for savings accounts sits at just 0.40%, you can find rates on the market at 10 times ...