New 'Trump Accounts' (530A) Launch Amid Low Awareness and Uptake

A new savings account, formally known as a 530A and dubbed 'Trump accounts,' is set to launch on the Fourth of July, but only a fraction of eligible children are signed up, with many parents unaware or unwilling to participate.

30 Jun, 19:29 — 30 Jun, 19:29

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marketwatchMostly Factual63d ago

Only a fraction of eligible kids are signed up for ‘Trump accounts.’ All told, they could be missing out on billions of dollars in wealth.

The new account, formally called a 530A, is set to launch on the Fourth of July, but many parents say they don’t want it. Some don’t even know about it.

By Andrew Keshner

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New 'Trump Accounts' (530A) Launch Amid Low Awareness and Uptake

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Only a fraction of eligible kids are signed up for ‘Trump accounts.’ All told, they could be missing out on billions of dollars in wealth.

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