Treasury Sec. Scott Bessent encourages ALL AMERICANS to open a Trump Account for their child under 18 – Whatfinger News' Choice Clips
Whatfinger News' Choice Clips

Treasury Sec. Scott Bessent encourages ALL AMERICANS to open a Trump Account for their child under 18

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Treasury Sec. Scott Bessent encourages ALL AMERICANS to open a Trump Account for their child under 18 years old. BESSENT: “I encourage everyone with a child 18 or under to open the accounts, because we have over 80 corporations that are going to put money into Trump Accounts.” “We think that up to 20 states may also contribute to these accounts. This is a game-changer!”

A Trump Account (also called a 530A account or Trump IRA) is a new tax-advantaged investment/savings account for children under 18 in the United States. It was created under the “One Big Beautiful Bill Act” (signed in 2025) to help build long-term financial security for kids by giving them a head start on investing. – John


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