'Trump accounts' for newborns will accept stock donations, US officials say

The U.S. government will allow individuals and corporations to donate shares of stock to “Trump accounts,” the newborn investment accounts created under President Trump’s landmark tax and immigration law. The update signals an expanded tax-advantaged funding channel for these accounts, but no specific dollar/market-size impact was provided.

Analysis

The U.S. government will allow individuals and corporations to donate shares of stock to “Trump accounts,” the newborn investment accounts created under President Trump’s landmark tax and immigration law. The update signals an expanded tax-advantaged funding channel for these accounts, but no specific dollar/market-size impact was provided.