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Trump Accounts: 4 Million Kids Enrolled, IRS Says
Published 2 months, 2 weeks ago
Description
he Internal Revenue Service announced that taxpayers have opened more than 4 million Trump Accounts. Of those enrollments, more than 1 million families have elected to receive the $1,000 "Baby Bonus" contribution available through the Trump Accounts pilot program.
The numbers, based on Form 4547 submissions filed with individual tax returns, signal strong early adoption of a program that could reshape how American families save for their children’s futures.