The Treasury Department later issued a statement that said, “Trump Accounts are an additive government program that work in ...

Treasury Secretary Scott Bessent touted President Trump's new savings accounts for babies as a "backdoor for privatizing Social Security." ...

Treasury Secretary Scott Bessent’s comments about the safety net program ventured onto the so-called third rail of American ...

Treasury Secretary Scott Bessent on Wednesday likened the new Trump accounts to “a backdoor for privatizing Social Security.” ...

The children’s savings program included in President Donald Trump’s tax break-and-spending cut law is a back door for ...

Trump accounts, Treasury Secretary Scott Bessent said, would make “everyone a shareholder” in the success of the economy.

U.S. Treasury Secretary Scott Bessent on Wednesday likened new savings accounts in a bill President Donald Trump this month ...

The initiative, dubbed "Trump Accounts," allows for new savings accounts for newborns, each potentially with a $1,000 ...

New Treasury projections show that the "Trump accounts" offered to American children could grow up to $1.9 million, depending ...

Donald Trump's Treasury Secretary, Scott Bessent, said he sees "Trump accounts" as "a backdoor for privatizing Social ...

In short, while Individual Retirement Accounts (IRAs), and particularly the Roth IRA, retain a clear tax advantage for ...

Technically, any parent can open a Trump Account for their child. But only children born after Dec. 31, 2024, and before Jan.