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Trump Accounts may roll out for adults under 40. Here's what to watch.

All Content from Business Insider·Alex Nicoll·6 days ago
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Trump Accounts, created for children, may be coming to adults, too.

Brad Gerstner, an architect of Trump Accounts, said on Wednesday that the tax-advantaged accounts should be rolled out to every US citizen under 40 , though he flagged that Congress would need to pass new legislation to make that happen.

President Trump similarly said on Tuesday that the White House is exploring creating an "alternative" Trump Account for adults.

"We are looking at something different because it really is somewhat of a different thing having to do with adults," Trump said.

So what might that look like? We spoke to five experts about how Trump Accounts could work for adults, who they should be for, and how they could figure into financial planning.

Ray Boshara, a senior policy advisor at the Aspen Institute and Washington University in St.…

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