How to get $1,000 for your child through the new Trump account program [USA TODAY]
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Source: USA TODAY
Parents cannot depend on an automatic enrollment system to create a new Trump Account for their children. To qualify for the $1,000 pilot program contribution for a Trump Account, a child must be a U.S. citizen, have a valid Social Security number and be born in 2025, 2026, 2027 or 2028. If you live in the right zip code — and many people do for this program — families with newborns and young children could see $250 from tech billionaire Michael Dell and his wife Susan. Was your baby born in 2025? Or are you expecting a little one with a due date in 2026? An extra $1,000 in savings could be on the way for your baby if you make the right moves. The trick? Money for the much-talked-about new Trump Account won't just suddenly appear. You're going to need to fill out and file a new, extra tax form to get the cash. Unlike many 401(k) plans, you cannot currently depend on an automatic enrollment system to create a new Trump Account for your child. And so, there is plenty of risk
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