Trump Accounts are officially open. They’re the first federal tax-advantaged investment accounts for kids. Some 87 companies, foundations, individuals and states have announced contributions to the accounts. The question is, can they deliver the benefits that are being promoted? Economics correspondent Paul Solman explains.Notice: Transcripts are machine and human generated and lightly edited for accuracy. They may contain errors.
Amna Nawaz:
Well, Trump Accounts are officially open. They're the first federal tax-advantaged investment accounts for kids. President Trump celebrated the launch this morning in the Oval Office.
President Donald Trump:
These children are going to have, actually, accounts. They're going to learn about finance a little bit. They can watch it. We're going to all watch it grow together.
