✉news BusinessPersonal Finance first seen 18 h ago, last 53 min ago, peak #2
Trump Accounts to accept stock donations
Original: Trump Accounts expand to stock donations. What are the benefits and risks?
The Trump Accounts programme, the new tax-advantaged savings accounts for children introduced under US legislation, is being expanded to allow stock donations alongside cash contributions. Supporters say equities could give children far greater long-term growth potential than cash deposits. Critics caution that stock donations raise questions about market risk, valuation, and who is able to contribute significant assets to a child's account.
Why now: A new expansion of the Trump Accounts programme is prompting debate over the merits and risks of allowing stock donations into children's savings accounts.
Trump AccountsDonald TrumpYahoo FinanceUnited States
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