Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.

WASHINGTON (AP) — When the children of wealthy households leave the nest, they often benefit from their parents’ largesse in ...

Key Points ・Trump Accounts (savings plans for children) will open in 2026 with a one-time $1,000 federal contribution for ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public.

After the CEO of Dell pledged over $6 billion for the Trump Account program, newborn babies can receive up to $1,250.

Trump is handing out $1,000 in federal seed money to every newborn in America from 2025 through 2028, as long as parents open ...

All babies born between 2025 and 2028 will get a gift from Congress and President Donald Trump: a $1,000 deposit into a ...

President Donald Trump has secured a $6.25 billion donation for the Trump accounts from Michael Dell. The accounts will be ...

The One Big, Beautiful Bill Act, the legislative package formalizing most of President Donald Trump's second-term agenda, became law with the president's signature on July 4, 2025. The bill is not ...

The investments are expected to reach up to 80% of children across 75% of the nation’s ZIP codes, according to an Invest ...

Arielle O’Shea leads the investing and taxes team at NerdWallet. She has covered personal finance and investing for nearly 20 years, and was a senior writer and spokesperson at NerdWallet before ...