Browsing Tag
Trump Accounts
5 posts
ICI Urges Competitive Marketplace for Trump Accounts
The Investment Company Institute recommended the Treasury Department incorporate an open market that would allow for multiple providers
How a ‘Trump Account’ Could Grow to $22 Million by Retirement
Serae Wealth puts forth a best-case scenario showing how no distributions and maxing out contributions—along with historically average S&P 500 returns—could turn the $1,000 seed money into generational wealth
Trump’s BBB to Accelerate Social Security, Medicare Insolvency by Another Year: CRFB
One Big Beautiful Bill Act becoming law means insolvency in 2032 rather than 2033; Bill does not eliminate Social Security taxation, but does provide special tax break for seniors that Trump claims amounts to no taxation on benefits; “Trump Accounts” make the cut
Trump, Business Leaders and Lawmakers Tout ‘Trump Accounts’ in Monday Roundtable
Provision including “Invest in America Act” pilot program in One Big Beautiful Bill would stake newborns with $1,000 at birth from Jan. 1, 2025 through Jan. 1, 2029
‘Trump Accounts’ Christened as New Name for ‘MAGA Accounts’ in GOP Tax Bill
The new savings accounts, likened to a “401(k) for kids,” are included in the bill passed early Thursday in the House