Trump Accounts, Explained

A new investment account for kids under 18. Here’s how it works and how to set one up. Save the graphic so you have it when you sit down to do it.

How to set it up

1. Download the official Trump Accounts app or go directly to TrumpAccounts.gov. Watch for lookalikes. The developer must say U.S. Department of the Treasury.
2. Have your child’s Social Security number ready.
3. File IRS Form 4547. It’s the same form that claims the $1,000.
4. Let it grow.