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Trump Accounts
$1,000 stimulus check for kids? IRS explains new Trump Accounts payments
Families across the United States could receive $1,000 government payments for children under a new federal savings initiative known as Trump Accounts. The Internal Revenue Service recently released proposed rules explaining how the program will ... more
What are Trump Accounts? How Social Security will be privatized
Treasury Secretary Scott Bessent sparked controversy this week, by describing the newly created “Trump Accounts”—savings accounts for newborns—as a possible “backdoor for privatizing Social Security,” igniting intense debate among lawmakers and advocacy groups. While supporters ... more
