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Michael Sherraden

Coverage of Michael Sherraden in the Nexus archive.

Earliest in view: May 21 · 23:05 UTCMost recent: May 21 · 23:05 UTC
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  • POLITICSMay 21 · 23:05 UTCTHE ATLANTIC
    What’s Behind the New Trump Child-Savings Accounts

    President Trump's new child-savings accounts, known as 530A or Trump Accounts, launch July 4 and offer $1,000 in federal funds to children born 2025-2028. The accounts function as tax-advantaged investment vehicles with contributions from wealthy backers like the Dells and Ray Dalio, though participation requires parental opt-in during tax season.