The IRS has released Form 4547, allowing parents to register eligible children for Trump Accounts when filing 2025 tax ...

Contributions from friends, family members, and others will be capped annually at $5,000. Employers can contribute up to ...

Parents filing 2025 taxes can now open a Trump Account for children. The IRS allows a $1,000 federal seed contribution using ...

Parents cannot depend on an automatic enrollment system to create a new Trump Account for their children. To qualify for the $1,000 pilot program contribution for a Trump Account, a child must be a ...

A bank account is the most basic building block in personal finance, with nearly 95% of Americans owning one. Whether you’re opting for a new bank account, or thinking of getting one for the first ...

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations. She has conducted in-depth research on social and economic issues ...