Big Take Podcast

How Trump Accounts Stack Up Against Other Investment Vehicles

Today on the Big Take: US parents will soon be eligible to open Trump Accounts for their children. How the accounts work and who they could benefit.

US President Donald Trump speaks during the Trump Accounts Launch Summit in Washington on Jan. 28.Photographer: Valerie Plesch/Bloomberg

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In July, American parents will be eligible to open Trump Accounts on behalf of their children. The administration touts these investment accounts as a way to help the next generation achieve the American dream. But are they the best way to save for college, home-ownership or retirement? And who stands to benefit most?