Investing in Michigan’s next generation
- Senator Aric Nesbitt
- Mar 12
- 2 min read
President Trump’s Working Families Tax Cuts created a powerful new tool for American families: Trump Accounts. These new individual retirement accounts give parents and guardians the ability to start building long-term savings for their children, with a $1,000 pilot contribution from the U.S. Treasury for every child born between 2025 and 2028 who is a U.S. citizen with a valid Social Security number.