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Parents Weigh New Trump Accounts for Newborns

Parents Weigh New Trump Accounts for Newborns
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Jul 5th, 2026 Parents Weigh New Trump Accounts for Newborns Parents can now begin contributing to newly launched Trump Accounts, which provide a $1,000 government-funded investment for eligible children born between 2025 and 2028. Bloomberg's Sarah Foster joins David Gura and Christina Ruffini on Bloomberg This Weekend and explains that financial advisers still generally favor 529 plans for education savings and that questions remain about the new accounts' tax treatment, withdrawal rules...

Jul 5th, 2026 Parents Weigh New Trump Accounts for Newborns Parents can now begin contributing to newly launched Trump Accounts, which provide a $1,000 government-funded investment for eligible children born between 2025 and 2028. Bloomberg's Sarah Foster joins David Gura and Christina Ruffini on Bloomberg This Weekend and explains that financial advisers still generally favor 529 plans for education savings and that questions remain about the new accounts' tax treatment, withdrawal rules and future investment options.
Newborns Jul 5th, (ORG) Trump Accounts (ORG) Bloomberg (ORG) Sarah Foster (PERSON) David Gura (PERSON) Christina Ruffini (PERSON) Bloomberg This Weekend (ORG)
Originally published by Bloomberg Markets Read original →