So Money with Farnoosh Torabi · Friday, July 10, 2026
On the latest episode of So Money, host Farnoosh Torabi discussed the newly launched "Trump accounts," a savings vehicle for children. She detailed how the accounts work, including a $5,000 annual contribution limit and a $1,000 government seed investment for children born between 2025 and 2028. Torabi shared her positive experience opening one, noting the ease of the process despite the governmental involvement.
“The brand new savings accounts for children that officially became available this month, July 4th in fact.”
“I actually think that the underlying idea of the Trump account is a good one.”
“So the tech was actually easier than I expected, for a government website.”