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Can grandparents contribute to Trump Accounts?
Original: Can grandparents or relatives contribute to a Trump Account? What to know.
Yahoo Finance examines whether grandparents and other relatives can put money into the newly created Trump Accounts, the tax-advantaged savings accounts for children introduced under recent US legislation. The piece explains who is allowed to contribute, any limits involved, and what families should know before adding contributions from outside the household.
Why now: The new children's savings accounts are unfamiliar to families, prompting questions about contribution rules for relatives.
Evidence
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