Skip to main content

This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.

 A new savings proposal could shape how future generations accumulate savings. Learn who it might help, where it could fall short, and how to prepare if it moves forward. 

A woman holds a baby
Trendsetter Images / Shutterstock.com

The House has passed a proposal that could reshape how Americans save for their children — especially those born during President Trump’s second term. According to CBS News, the plan includes creating government-funded investment accounts for newborns, dubbed “Trump accounts,” seeded with an initial $1,000 contribution. The concept is straightforward: Give every eligible baby a financial head…

 Read More 

Leave a Reply