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News in English (USA) / 28.01.2026 / 11:00

Trump Accounts Gain Momentum as Tax Season Approaches

As tax season kicks off, former President Trump is set to encourage families to open Trump Accounts, a new savings initiative aimed at supporting newborns. Major firms like Intel have pledged to match government contributions, with lawmakers unveiling proposals for state-level matches. The Treasury is organizing a summit to discuss the rollout, where Trump is expected to reveal further details about these accounts. With projections estimating millions could receive a $1,000 benefit under this plan, discussions about the accounts are reshaping employee benefits and creating new career opportunities. Critics, however, caution about potential hurdles in the rollout and the risk of excluding low-income families. Experts are providing guidance on how to navigate the process, emphasizing the significance of opening an account in time for benefits.
ABC News, CNBC, wkow.com, The Hill, Fox Business, Axios, Times of India, wpr.org, MSN, The Economic Times