Get all your news in one place.

100's of premium titles.
One app.

Start reading

Get all your news in one place.

100's of premium titles. One news app.

Start reading

The Latest Breaking News from Trump Accounts

‘Trump accounts’ promise to mint child millionaires. Experts have their doubts

President has hyped growth of federal investment accounts to help US children – for his own political gain

The Guardian - US

Trump Accounts Just Got More Complicated: IRS Reveals New Rules for Employers

The IRS and Treasury propose new rules for Trump Account contributions, covering plans, verification, and payroll reporting, affecting businesses offering this benefit.

International Business Times UK

Billionaire Michael Dell Is Giving $250 to Millions of American Children, Here's Who Gets the Money

Michael and Susan Dell are providing $250 to up to 25 million American children through Trump Accounts, targeting those in ZIP codes with median incomes under $150,000.

International Business Times UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Treasury proposes ESG restrictions for Trump Accounts

In this week’s edition of Economy and Society:

Ballotpedia

Your Employer May Match Your Child's Trump Account: Here's How to Ask

Your employer can contribute up to $2,500 a year to your child's Trump Account. The funds won't be taxable income for you and are a deductible business expense.

Kiplinger

Robinhood CEO Says Trump Accounts Give Kids a Simple Way Into S&P 500 — ‘See the Magic of Compound Interest’

Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev said Wednesday that Trump Accounts currently offer children access to the S&P 500 through a low-cost exchange-traded fund.

Benzinga

Trump Accounts Can Give Kids a Head Start in Life, But the Government's $1,000 Contribution Isn't Why

The government will add $1,000 to Trump Accounts for eligible children, but families who contribute regularly and use them as a learning tool can benefit most.

Kiplinger

Read news from The Economist, FT, and more,
with one subscription

IRS announces new rules Trump Accounts for contribution towards employees’ dependent children. All you need to know

Employers can now contribute $2,500 each year to Trump Accounts designed for children's savings. Alongside this, employees have the option to make pre-tax payroll contributions to these accounts. Known as Invest America accounts, the initiative seeks to boost awareness and encourage responsible savings for the future. Additionally, Michael Dell's foundation…

The Economic Times

Employers Can Put $2,500 Tax-Free Into Your Child's Trump Account Under New Treasury Rules

The new rules explain contribution limits, employer requirements and how the $1,000 federal pilot fits into Trump Accounts.

International Business Times UK

Robinhood Is Fixing Its Biggest Weakness. HOOD Stock Could Keep Rising From Here.

Robinhood's crypto revenue plunged 38%, but the company still posted record total revenue as it became far less dependent on crypto.

Barchart

Trump Accounts Could Receive $2,500 Tax-Free Employer Contributions Under New IRS Proposal

Trump Accounts offer US workers tax advantages, with up to $2,500 in employer contributions tax-free. Learn how this impacts various income brackets and why higher earners benefit more.

International Business Times UK

Trump Accounts Just Became More Attractive to Working Parents: Employers Can Contribute $2,500 Tax-Free Under New Treasury Guidance

The U.S. Treasury Department and IRS have issued new guidance that would make it easier for parents and employers to put money into Trump Accounts for children.

Benzinga

Robinhood Q2 Preview: Prediction Markets, Meme Coins & Trump Accounts Could Power Earnings

Robinhood Markets (NASDAQ:HOOD) could credit new products for strong second-quarter results when the company reports earnings Wednesday after market close.

Benzinga

Dear Robinhood Stock Fans, Mark Your Calendars for July 29

Investors will be watching the fine details of the print as Robinhood reports earnings for the second quarter on July 29.

Barchart

Get all your
news in one place.

100's of premium titles.
One news app.

The Independent UK

The Latest: House adopts $95 billion budget proposal to fund Iran war and other Trump priorities

The House has adopted a Republican-only $95 billion budget proposal, a long-shot effort to fund the Iran war and other White House priorities over objections from Democrats and a few GOP holdouts in a final push before the midterm elections

The Free Financial Advisor

Trump Accounts Spark New Debate Over Social Security Privatization

Trump Accounts have suddenly dragged one of Washington’s most explosive retirement debates back into the spotlight: whether Americans should eventually direct some Social Security money into personal investment accounts. The accounts currently give eligible children a new tax-advantaged investment vehicle, but Sen. Ted Cruz’s comments have sparked questions about whether…

Saving Advice

Ted Cruz Calls Trump Accounts a Path to Social Security Privatization—Economist Disagrees

Social Security privatization has been one of the most politically sensitive topics in Washington. Now, a new debate has emerged after Senator Ted Cruz described...

The Conversation

Trump has $1,000 baby accounts. In contrast, Australia delivers a lifetime of savings

Why is the US president now handing out US$1,000 to American babies – and what does it have to do with a retirement system built on the other side of the world?

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

IRS Chief Frank Bisignano Wants 70 Million Children in Trump Accounts— but Only 6.5 Million Are Signed Up and a Top Economist Says the Math Doesn't Add Up

Internal Revenue Service chief executive officer Frank Bisignano said Thursday he wants every eligible American family to enroll their children in Trump Accounts, outlining a long-term goal of expanding the program to all 70 million children under age 18.

Benzinga

Buffett Plans to Give Away More in Next 8 Years — Are Trump Accounts Next on His List?

Billionaire Warren Buffett is known for many things, whether its his decades leading Berkshire Hathaway (NYSE:BRK)(NYSE:BRK), his investing wisdom or his philanthropic efforts.

Fortune

A Trump Account could make your kid a millionaire by 45—but financial experts say the app's projections come with a catch

Four financial planners break down how much your kid could really make, where it fits with your 401(k), and the catch parents keep missing.

Fortune

President Donald Trump cheers Gwynne Shotwell as Elon Musk’s SpaceX No. 2 gives $325M in stock to Trump Accounts

The SpaceX stock gift joins the Dells' $6.25 billion contribution to the investment accounts for children as Elon Musk hasn’t confirmed his own

Benzinga

Trump’s Child Accounts Just Won Over A Democratic Rival — ‘Actually A Smart Policy’

Trump Accounts recently launched, allowing American parents to open a free investment account for children born between 2025 and 2028 with a starting balance from the U.S. Government. The accounts even won over a Democratic governor and a staunch critic of President Donald Trump.

Benzinga

Trump Accounts Customer Growth 'Faster' Than America's 'Most Successful and Dynamic' Tech Companies, Says Robinhood CEO Vlad Tenev

Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev said Wednesday that Trump Accounts was adding customers faster than many of America’s biggest technology companies, as the government-backed investment program neared 6 million enrollments.

International Business Times UK

Trump Accounts Open With $1,000 Free Cash for Every Eligible Baby as Dow Storms Past 53,000 for First Time Ever

President Trump launched a savings scheme for American newborns, offering £749 ($1,000) in seed money, as the Dow Jones closed above 53,000 for the first time. Critics question its benefits.

1 2 3

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.