Trump Accounts to launch without rollovers ^71.8%

Semafor - By Eleanor Mueller - 7/2/2026, 9:08 AM

Unattributed Quote 44% - Appeal to Authority 36.3% - Biased Writer Voice 31.5%

The Trump administration is expected to launch Trump Accounts next week without a way for firms to host the children’s savings accounts on their own platforms, people familiar with the talks told Semafor. Firms like Chime, Empower, Fidelity, and SoFi had initially hoped they would have the green light to roll over the accounts from the... more