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MAGA, tax bill and Savings Account

Trump's One, Big, Beautiful Bill Establishes a "MAGA" Savings Account

One of the more interesting proposals in the new spending bill is the idea of creating a $1,000 savings account for every baby with a Social Security number. The accounts are officially called money account for growth and advancement, giving them the initials MAGA, matching the acronym for the Trump-led Make America Great Again movement.

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The GOP Wants to Auto-Enroll Your Child in a MAGA Savings Account

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‘MAGA Accounts’: What to Know About the $1,000 Child Savings Pitch in the Tax Bill

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Rep. Blake Moore spearheads proposal to create ‘MAGA’ savings accounts for children

The pilot program would allow any parent to open a MAGA Account for their child with a one-time credit of $1,000 from the ...

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Map Shows States Where Kids Are Given Up to $3,200 for Savings Account

Michael Ryan, a finance expert and the founder of MichaelRyanMoney.com, noted that if the initial $1,000 deposit had a 5 ...

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