Summary
The article talks about new savings and investment accounts for children called "Trump accounts," which are supported by a large philanthropic donation. These accounts are expected to open in May, and the article examines whether they will provide long-term benefits.
Key Facts
- "Trump accounts" are new savings and investment accounts specifically for children.
- A large philanthropic donation is backing these accounts.
- They are set to become available next May.
- The purpose is to help children save and invest money for the future.
- There is discussion about whether these accounts will deliver the promised long-term benefits.
- Paul Solman, an economics correspondent, has looked into the details of these accounts.
