A Republican senator has announced plans to introduce legislation aimed at broadening eligibility for the Trump administration’s child investment accounts, currently restricted to older Americans. The proposed bill would lower the age requirement from 40 to include younger individuals, potentially expanding participation in the program. The senator, who called the initiative a "game-changer," emphasized its growing impact on financial opportunities for families. Supporters argue the expansion could provide broader access to savings tools for a wider demographic.
GOP Sen. Bernie Moreno (Ohio) said Tuesday he will introduce legislation to expand access to the Trump administration’s investment accounts for children to Americans younger than 40. “This is a game-changer and I’ll lead the bill in the Senate to make it happen,” Moreno wrote on the social platform X. “Trump Accounts are already transforming...