Did you know that if you have a child under the age of 18, they most likely have been auto-enrolled for a 530A Savings account, also know as a Trump account? These accounts are meant to serve as tax deferred savings accounts for American children and have the ability to capture gifts from non-profits and public philanthropists as well as receive contributions from parents/relatives. To claim your child’s account, visit trumpaccounts.gov. Children born from 2025-2028 are eligible for a $1000 seed deposit.
Read More Here: Most American Children Are Being Auto-Enrolled in Trump Accounts. What to Know.