Your 5 biggest ‘Trump account’ questions, answered

Here’s who is eligible for $1,000 in free money — and where it can be invested

Monday was the first trading day for a generation of children to start building wealth using newly established “Trump accounts.”

President Donald Trump rang the opening bells for the New York Stock Exchange and the Nasdaq to mark the occasion.

So what are Trump accounts, anyway — and is it worth getting one for your child?

One year after lawmakers created the specialized investment accounts for kids, surveys show many people don’t know about the new savings tool. Even for people who are aware of Trump accounts, there’s still uncertainty about exactly how they work.

Here are answers to some of the biggest questions about Trump accounts.

Andrew Keshner | MarketWatch

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