The Treasury Department and IRS issued proposed regulations outlining how “Trump Accounts” will be opened, managed and ...

Families have signed up about 3 million kids for Trump accounts, Treasury Secretary Scott Bessent said Friday.

Trump Accounts are a pro-family initiative that will help millions of Americans harness the strength of our economy to lift up this generation and generations to follow and unlock the American Dream,” ...

The proposed rules move the federal government closer to operationalizing Trump Accounts, a savings vehicle for children.

Proposed regulations outline who can open the accounts, when elections must be filed and how “responsible parties” would manage investments and rollovers.

As tax season kicks off, families with minor children can now register for Trump accounts. To open the account, an election must be made on IRS Form 4547. Form 4547 can be filed separately or with ...