Скачать или смотреть Trump administration launches child investment accounts to boost future finances

The Trump administration has unveiled a new initiative, dubbed "Trump accounts," which it claims will be a transformative financial opportunity for American families. President Donald Trump announced that starting in 2025, the Treasury Department will deposit $1,000 into an investment account for every American child born with a valid Social Security number through 2028. Additional contributions of up to $5,000 can be made by parents, employers, churches, states, and loved ones. The administration projects that with modest contributions, these accounts could grow to at least $50,000 by the time the child reaches 18.
Despite the administration's enthusiasm, awareness of the program remains low. A poll by Exclusive Public, published by Reuters, revealed that 57% of Americans have never heard of a Trump account, and 25% are aware but unable to explain it. Currently, 500,000 families have signed up for the program.
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