Business
Thursday, 7/2, 03:10 PM
Treasury Spells Out How 'Trump Account' Money Can Be Invested. Here's What to Know
- The Treasury Department has set the rules for how money in 'Trump Accounts' — the new federal savings accounts for children — can be invested: low-cost index funds only.
- Here's a plain-English explainer of the accounts, the new investment guidance, and what financial experts say to weigh before opening one.