Trump Accounts offer option to save for young Americans

If you have a child born in 2025, 2026 or 2027, the “Trump Account” is available.

The child must be a U.S. citizen, have a Social Security number and apply at trumpaccounts.gov, whitehouse.gov or irs.gov.

It’s $1,000 in the child’s name, and that money will be invested.

“It’s an exchange-traded fund that initially is in the S&P 500,” said Steven Warren, CBA, MBT Schechter Dokken Kanter.

If you apply and sign up for it, the $1,000, with no additional funding, could be wor...