Trump Accounts Now Available: Find Out Who Can Receive the $1,000 Bonus
· Telemundo McAllen (KTLM)
The Trump Accounts program, aimed at children born during Donald Trump's second term, officially launched on July 4. The initiative provides a $1,000 federal bonus for eligible newborns, with over 6 million accounts already opened. To qualify, children must be U.S. citizens with a valid Social Security Number and born between January 1, 2025, and December 31, 2028. Parents can open accounts through the IRS portal, and funds will be invested in the stock market until the child turns 18. Contributions from parents and others can reach up to $5,000 annually, but the initial bonus is exclusive to newborns during Trump's term.
AI summary · Source: Telemundo McAllen (KTLM) →
