Treasury Secretary Scott Bessent says parents will be able to open tax-deferred “Trump accounts” for children born between 2025 and 2028: -The federal government will contribute $1,000 per child. -The funds, invested in a diversified index, can be used at 18 or rolled into retirement accounts. -Additional contributions expected from foundations and philanthropists. -Program officially kicks off July 5. | Face The Nation
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Treasury Secretary Scott Bessent announced further details on Dec. 17 about the potential sources of funding for U.S. children’s Trump accounts. | NTD Life
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