Svmuu News: The U.S. “Donald Trump” (Trump Account) program has announced that registration and initial contributions will open on July 4.First proposed as part of the Great Beauty Act, the program allows parents to establish tax-deferred investment accounts for their children under the age of 18. Family members, friends, and employers can also contribute to these accounts, with an annual maximum contribution of $5,000; this limit will be adjusted for inflation in the future.In addition, the Donald Trumps allow employers to make subsidized contributions for their employees’ children, up to $2,500 per year. The accounts will automatically convert to a traditional IRA structure once the account holder turns 18, allowing for continued investment and additional contributions. (war.gov)