How a little-known rule may keep Trump account savings tax-free for life
Trump Account child investment program offers $1,000 government seed savings for newborn Americans. IRS rules allow Roth IRA conversion, creating long-term tax-free retirement wealth opportunities. Families can contribute $5,000 yearly, expanding powerful tax-advantaged savings growth for children. Low-income young adults may convert balances while legally paying zero federal taxes. This overlooked policy shift could reshape generational wealth strategies across households.