Standout benefits: The Capital One Kids Savings Account has a competitive APY, no fees and no account minimum. Starting at ...

You may have heard about new savings and investment accounts for children known as "Trump accounts." They got a big boost ...

The Alliant Kids Savings Account requires an initial deposit of $5, which the credit union will cover for you. The account ...

Section 530A Trump Accounts are a new type of investment account for kids. Find out who is eligible for an account, how they work, and whether you should open one.

New legislation from House Republicans includes a provision that would establish savings accounts for children in the U.S. Titled “The Big Beautiful Bill,” the Trump-backed legislation includes ...

Having a savings account as a teenager can help young people get into the habit of saving money. Even if an account is opened with a very small amount, your teen’s money can grow as they add funds ...

Trump accounts offer a new tax-preferred way for families to save money for their kids. Here are the pros and cons.

The accounts are like an early investment fund for children. Parents and others may contribute up to $5,000 a year into the accounts until the child turns 18. An employer may contribute up to $2,500 ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...

A new way to save for children will become available next year as a result of tax legislation passed last summer.