A growing number of families are signing up their children for Trump Accounts — opting into the investment accounts for minors established under last year’s massive tax-and-spend bill passed by congressional Republicans.
The program has been promoted by President Donald Trump and administration officials as a way parents can invest money for their children's future, noting that the money can be used not only for educational expenses but for future milestones like purchasing a home or starting a business.
#newyork #banking #trumpadministration
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