One of the more interesting proposals in the new spending bill is the idea of creating a $1,000 savings account for every baby with a Social Security number. The accounts are officially called money ...

"In the grand scheme of things, there's so many other incentives in the tax code that people already don't take advantage of, ...

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

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

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

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

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

It targets several clean energy tax credits implemented under the Democratic reconciliation bill passed under President Joe ...

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 ...