Trump's "MAGA" Plan Could Change How You Save
President Donald Trump and his administration have been busy changing many things over the past few months. For instance, he's ending paper Social Security checks, requiring electronic fund transfers. That will save the government some money, but close to 500,000 Americans receive paper checks, so the change will be disruptive for them.One of the most recent new developments was unveiled on Monday, May 12 -- a big tax bill introduced by Republican members of the House of Representatives. It encompasses many proposals, including a new "MAGA" investment account, and it will likely affect you and me -- perhaps changing how we save. So here's a brief look at some of what it contains.Image source: The White House.Continue reading
President Donald Trump and his administration have been busy changing many things over the past few months. For instance, he's ending paper Social Security checks, requiring electronic fund transfers. That will save the government some money, but close to 500,000 Americans receive paper checks, so the change will be disruptive for them.
One of the most recent new developments was unveiled on Monday, May 12 -- a big tax bill introduced by Republican members of the House of Representatives. It encompasses many proposals, including a new "MAGA" investment account, and it will likely affect you and me -- perhaps changing how we save. So here's a brief look at some of what it contains.
Image source: The White House.
