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BNY and Robinhood will help manage 'Trump Accounts', new tax-sheltered savings and investment accounts for children, launching this summer.

Updated ·First reported ·1 source

Summary

BNY and Robinhood will manage the new "Trump Accounts," tax-sheltered savings and investment accounts for children that will begin accepting deposits this summer.

Key Facts

  • BNY and Robinhood will help run 'Trump Accounts' for children.[1]confirmed
  • The accounts are tax-sheltered savings and investment accounts that will start accepting deposits this summer.[1]confirmed

Locations

United StatesUnited States, North America
37.09, -95.71

Sources (1)

NYT Homepage (opens in new tab)rss· mainstream4h ago
  • initial report

Changelog

initial reportv1

Automated synthesis

Show summary

BNY and Robinhood will manage the new "Trump Accounts," tax-sheltered savings and investment accounts for children that will begin accepting deposits this summer.

  • • BNY and Robinhood will help run 'Trump Accounts' for children.
  • • The accounts are tax-sheltered savings and investment accounts that will start accepting deposits this summer.