Key Points ・MAGA accounts are a proposed federal savings account for children under 8, capped at $5,000 per year and limited ...

The Republican tax bill that is being discussed today in the House Ways and Means Committee proposes a new savings account ...

The legislation includes a provision to create a new tax-advantaged savings vehicle called the Money Account for Growth and ...

A new tax bill introduced in Congress aims to create MAGA savings accounts for kids. But what are they and how would they ...

A draft of President Trump’s “Big, Beautiful Bill” includes a proposal to establish so-called “MAGA” savings accounts for ...

One of the more interesting proposals in the new spending bill is the idea of creating a $1,000 savings account for every ...

The federal government could auto-enroll your kid in a tax-advantaged ‘MAGA savings account’ if the latest House GOP tax plan ...

So-called MAGA accounts would do little to provide immediate financial relief to families and could worsen wealth inequality, ...

The MAGA accounts would be created automatically for children born in the United States and seeded with a $1,000 deposit from federal funds. To be eligible, children must be U.S. citizens "at birth," ...

A woman who apparently admitted using a slur toward a 5-year-old has become a cause célèbre on the GiveSendGo crowdfunding ...