Trump Accounts can help build long-term wealth, but only after ensuring 2 behaviors, exclusive research finds

So far, more than 6 million families have signed children up for Trump Accounts, which officially launch on July 4.

The accounts, also known as 530A accounts, are open to any U.S. child with a Social Security number under the age of 18 and include a one-time $1,000 seed contribution from the U.S. Department of the Treasury for babies born from 2025 through 2028. Certain children are eligible for a $250 contribution from tech CEO Michael Dell and his wife Susan, and others may receive contributions from their parents' employers. Firms such as SoFi and Charter Communications have vowed to match the initial federal contribution...