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Up to 25 million Trump Accounts could be funded by mid-October

Original: Up to 25 million Trump Accounts could be funded by mid-October, IRS CEO Frank Bisignano says

Frank Bisignano, the head of the IRS, says up to 25 million Trump Accounts could be funded by mid-October. The accounts, created under recent US legislation, would give eligible children government-seeded investment savings. The timeline suggests the rollout is moving faster than many expected, and officials are racing to get the program operational.

Why now: A senior official just gave a concrete funding timeline for the new Trump Accounts program, a major personal finance development for millions of American families.

Frank BisignanoInternal Revenue ServiceTrump AccountsUnited States

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• Up to 25 million Trump Accounts could be funded by mid-October, IRS CEO Frank Bisignano says · CNBC

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