#CNBC What families need to know about Trump accounts

What families need to know about Trump accounts
Amid the flurry of promotions for Trump accounts, families now have another way to opt in to the investing accounts for kids and claim seed money of up to $1,000.

Parents or guardians can now start the process to open a Trump Account by filing IRS Form 4547 electronically via TrumpAccounts.gov. They can also send the form with their 2025 tax returns.

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