Corporations and Philanthropists Commit Matching Funds to New Trump Savings Accounts for Children
The federal government has launched a nationwide initiative to encourage long-term saving for minors through recently created Trump accounts, and dozens of private-sector organizations are already pledging matching contributions. The program provides a one-time deposit of $1,000 from the U.S. Treasury for every child born between January 1, 2025, and December 31, 2028, who opens an account. […]