Author: Arabian Media staff

President Donald Trump’s One Big Beautiful Bill Act (OBBBA) officially became law on July 4, 2025. At least one of its provisions has piqued the interest of American parents and parents-to-be: the proposed “Trump Accounts,” funded with $1,000 for newborn children. More affectionately known as the Baby Bonus Program, Trump Accounts are a “pro-family policy that will give millions of American children, regardless of background, a strong start at life,” according to a statement from the U.S. House Committee on Ways and Means. The statement further indicates, “Trump Accounts will grow alongside the economic revival that President Trump’s policies will…

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In 2024, annuity sales hit a record $432.4 billion as high interest rates spurred demand for products offering guaranteed income streams. With private pensions in decline, more investors are turning to annuities to help fund retirement. But these insurance products often come with high fees, limited flexibility, and complex structures. The good news? You don’t necessarily need to buy an annuity to get similar benefits. With the right combination of income-generating investments, you can create a do-it-yourself (DIY) annuity that may offer higher returns and lower costs. Key Takeaways Annuities are products created by insurers that offer guaranteed income streams…

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