Trump Accounts

First Lady Melania Trump and Treasury Secretary Scott Bessent on Thursday announced the launch of Fostering the Future Accounts, a new expansion of Trump Accounts designed to help children in foster care build long-term savings and wealth. The initiative allows state child welfare agencies to act...

Financial planners say Trump Accounts could give children a new way to build tax-free retirement savings through Roth IRAs, creating what one tax attorney described as a “legal backdoor” that was previously unavailable to most minors. In a CNBC report published Wednesday, Adam Bergman,...

Treasury Secretary Scott Bessent said during Wednesday's Cabinet meeting that the Trump Accounts app will be available "on all major platforms tomorrow morning." Bessent called Trump Accounts "the most important government benefit for young people since the GI Bill" and said nearly 6 million...

President Donald Trump is reportedly set to sign an executive order on Thursday directing the Treasury Department to launch a new website, TrumpIRA.gov. The website, aimed at expanding access to retirement plans for millions of American workers whose employers do not offer one, will allow users to...

Robinhood Markets Inc (NASDAQ:HOOD) reported first-quarter financial results Tuesday after market close. Here are the key highlights. Robinhood Q1 Earnings Robinhood reported first-quarter revenue of $1.07 billion, up 15% year-over-year. The revenue total missed a Street consensus estimate of $1.18...

Over a hundred million people are set to tune into Super Bowl LX to catch the NFL championship game between the Seattle Seahawks and New England Patriots. Super Bowl commercials will also be a reason for people tuning in and some parents could learn about Trump Accounts for the first time. Trump...

Robinhood Markets Inc (NASDAQ:HOOD) stock looks less like a high-tech brokerage and more like a clearance rack. From a 52-week high of $153.86 to around $91, HOOD is trading at roughly a 40% discount to its peak, bruised by a brutal selloff that sliced 9.6% in a single session and nearly 22% off...

Turning Point USA will match the federal government's new "Trump Account" deposits for employees' children, adding the conservative youth group to a growing list of employers boosting the tax-advantaged savings program. Kirk Ties Matching Program To Family Legacy Erika Kirk, CEO of Turning Point...

The launch of Trump Accounts could see early investment accounts for kids born over the next several years as an initiative under President Donald Trump. While some billionaires are helping fund the effort, some companies could become partners and winners in the initiative. Robinhood Could Be Given...

SoFi Technologies, Inc. (NASDAQ:SOFI) is the latest employer to announce it will match the federal government’s $1,000 seed contribution for the newly established tax-advantaged children’s investment accounts, known as Trump Accounts.  SOFI stock is moving. See the chart and price...

“Shark Tank” investor Kevin O'Leary has issued a stark warning regarding the proposed $2,000 “tariff dividend” cheques linked to the new ‘Trump Accounts’ initiative, labeling the concept “helicopter money” that risks reigniting the country’s...

A plan by President Donald Trump to launch Trump accounts for children born from 2025 through 2028 with $1,000 from the government has drawn support from Americans and also from billionaires, helping to fund them. However, the world's richest man has taken the opposite stance; Elon Musk is not only...

Billionaire Ray Dalio and his wife, Barbara Dalio, announced plans to match $250 donations to children in Connecticut, following a recent $250 donation by Michael Dell and his wife for children under 10 through the Trump Accounts initiative. Elon Musk has dismissed the move as unnecessary. Dalio...

On Thursday, Vlad Tenev, the CEO and co-founder of Robinhood Markets Inc. (NASDAQ:HOOD), confirmed he personally spoke with President Donald Trump, assuring him that the company is ready to provide technology, operational resources and top talent to make "Trump Accounts as robust and intuitive as...

Founder of Dell Technologies, Inc. (NYSE:DELL) billionaire Michael Dell and his wife, Susan, have pledged $6.25 billion to help fund the new government-backed Trump-branded investment accounts for children.  DELL stock is moving. See the price action here.  The Dells’ donation,...