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Trump Accounts Launch for Babies | Salt Lake City News
Starting July 4th, the Trump administration launches “Trump Accounts” — a $1,000 savings boost for babies born on Independence Day and all kids born during Trump’s second term, designed to help them invest for college, homes, and more. Tax-advantaged and managed by parents until age 18, these accounts aim to give every child a financial head start amid rising costs. While critics warn it may widen wealth gaps, the program is already exploding in popularity, with millions signing up and billionaires like the Dells and companies like Uber and IBM pledging to add to the funds. Supporters see it…
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