The program was authorized under Trump’s tax and spending law and is open to households of any income with qualifying ...

You may have heard about new savings and investment accounts for children known as "Trump accounts." They got a big boost ...

Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.

A new way to save for children will become available next year as a result of tax legislation passed last summer.

The initiative, framed as “a new beginning” to promote long-term financial security, targets what the bank calls “children of ...

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

A new federal savings account for children known as “Trump Accounts,” is on the verge of launching — and the IRS advises parents, guardians and families across the country to pay close attention to ...

BUFFALO, N.Y. — The White House is releasing new details about “Trump Accounts,” a savings program that would provide federally backed investment accounts for children during President Trump’s second ...

There are other options for saving for college, including regular savings or investment accounts, but 529s allow money to ...

The city of Cincinnati is partnering with Fifth Third Bank to start college savings accounts for 150 preschool-age children, with an initial deposit of up to $553 in the first year. "We want to build ...

Parents across the country are putting thousands of pounds into savings accounts for their children to help them later on in life – with one in 10 tucking away almost £50,000 for the next generation.