The new Trump accounts for kids: The good, the bad, and the icky

How much money parents can invest in their kids is one of the biggest factors in upward mobility. The inability of many families to provide their children a financial leg up has helped drive income inequality in the United States. There is now a partial solution, offered by the last person I’d have expected to address America’s income inequality problem: Donald Trump. Trump child investment accounts (officially known as 530A IRAs), started accepting contributions as of July 4, and are...