Parents Weigh New Trump Accounts for Newborns
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Parents can now begin contributing to newly launched Trump Accounts, which provide a $1,000 government-funded investment for eligible children born between 2025 and 2028. Bloomberg's Sarah Foster joins David Gura and Christina Ruffini on Bloomberg This Weekend and explains that financial advisers still generally favor 529 plans for education savings and that questions remain about the new accounts' tax treatment, withdrawal rules and future investment options. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg B
Tags: Christina Ruffini, David Gura, Newborns, Personal Finance, Sarah Foster, Treasury Dept; U.S., contributions, retirement savings
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