Federal policymakers can ensure Trump accounts do not exacerbate inequality in the United States (opens in new tab)

Key Takeaways Overview In July 2025, Congress passed a federal budget bill (Public Law 119-21, also commonly known as the One Big Beautiful Bill Act) that, among other things, established a new type of asset-building account for U.S. children. These so-called Trump accounts, or 530A accounts (also referred to 530As) are available to all U.S. […] The post Federal policymakers can ensure Trump accounts do not exacerbate inequality in the United States appeared first on Equitable Growth.