Trump Accounts are now live. Here’s what you need to know

By Jeanne Sahadi, CNN (CNN) — Trump Accounts, a new federal savings and investment vehicle for children, went live on July 4. To date, more than 6 million Trump Accounts have been opened for children under age 18, according to the Treasury Department. Of those, 1.4 million will receive the much-touted $1,000 federal pilot contribution