When high-yield online savings accounts came along, the appeal of standard savings accounts offered by brick-and-mortar banks came crumbling down. Traditional banks simply couldn’t compete with the ...

On the face of it, the so-called "Trump accounts" - which would provide parents of newborns with $1,000 to invest on behalf of their child's future - would be a plus for many families. "It's a ...

You may have heard about new savings and investment accounts for children known as "Trump accounts." They got a big boost from a philanthropic donation that's among the largest ever delivered directly ...

A few months after "Trump accounts" were approved by Congress, the administration is issuing further guidance on how parents can open the savings accounts for their children, as a prominent ...

Bloomberg's Stacey Vanek Smith explains how Trump's investment accounts for kids would work, and outlines concerns and benefits. All right. For more on what parents should be thinking about when it ...

The payments, part of the new domestic policy law, are for U.S. citizens born this year through 2028. The idea is that the money in the accounts will have many years to grow. By Ann Carrns American ...