BusinessTrump Accounts Could Boost Retirement Savings, Says US Treasury Secretary
US Treasury Secretary Scott Bessent stated that Trump Accounts, child savings accounts, could complement Social Security and enhance retirement security for younger Americans. Speaking in Harrisburg, Pennsylvania, he explained these accounts could grow over decades and provide a substantial nest egg alongside Social Security benefits. The Treasury Department shifted to automatic enrollment for these accounts from October 1, covering 70 million children.
HT World··Harrisburg




