Experts say the massive donation is a boon to children, but concerns remain with the structure of the accounts.

The accounts are like an early investment fund for children. Parents and others may contribute up to $5,000 a year into the ...

Michael and Susan Dell are donating $6.25 billion to fund "Trump Accounts" for 25 million U.S. children. The gift would put ...

A savings account for youngsters can introduce them to the idea of putting money away and even help them learn about concepts like compound interest. They can deposit money from birthdays, holidays, ...

CEDAR RAPIDS, Iowa (KCRG) - A new plan under President Trump’s One Big Beautiful Bill Act is aiming to help families save for their children’s futures with free money. The program is called Trump ...

Millions of babies born in the U.S. in the coming years will be eligible to receive a $1,000 "Trump Account," courtesy of the federal government. The pilot program is a creation of President Trump's ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...