Trump Accounts: Who is eligible, how $1,000 deposits work and how to open one

Trump Accounts, a tax-deferred investing option for children, officially launched in July 2026. The accounts allow deposits of up to $1,000 per year per child. Account holders can invest in stocks, bonds, and mutual funds within the tax-deferred structure. Withdrawals are permitted after the account holder reaches age 18 for educational expenses or after age 21 for any purpose.

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