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GOBankingRates
GOBankingRates
Chris Adam

5 Reasons To Think Twice Before Investing Your Own Money Into a New ‘Trump Account’

SARAVOOT LENG-IAM / Shutterstock.com

When it comes to personal finance and children, Trump Accounts have grabbed recent headlines. According to the administration of President Donald Trump, the program is designed to build long-term financial security of kids through tax-advantaged investment accounts.

For eligible children, $1,000 will be contributed to the account. But before you invest your own money, read the concerns an attorney and financial expert shared with GOBankingRates.

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