1 million children receiving $1,000 from federal government: Do you qualify?

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President Donald Trump arrives to the auditorium during the launch of a program known as Trump Accounts at the Andrew W. Mellon Auditorium, Wednesday, Jan. 28, 2026, in Washington. (AP Photo/Jose Luis Magana)

More than four million children have signed up for the savings plans known as “Trump Accounts,” with a quarter of them eligible for seed money from the federal government, the Internal Revenue Service announced this week.

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