By investing early and consistently, Trump Accounts could help families build long-term wealth for their children.
alexkich/Shutterstock
|Updated:
Many Americans may be uncomfortable making investment decisions. But giving young families a stake in the markets could help build a true investment culture.
The One Big Beautiful Bill Act created “Trump Accounts,” which promote investing. And although the new legislation may not be perfect, it could help more families build financial security for their children from an early start.
How the Trump Account Works
The Trump Account is a savings and investment account built to help families give their children a head start.
Anne Johnson was a commercial property and casualty insurance agent for nine years. She was also licensed in health and life insurance. She went on to own an advertising agency, where she worked with businesses. She has been writing about personal finance for 10 years.
