US EditionTrump touts investment accounts for kids alongside billionaires, celebrities
The federal program seeds $1,000 invested at birth, with 500,000 families enrolled and projected growth to $50,000 by age 18, aiming to boost long-term wealth building.
- The U.S. Treasury Department will deposit $1,000 into accounts for American children with Social Security numbers, requiring parents filing income taxes to sign up.
- As part of recent tax and spending legislation, supporters say the Trump Accounts policy promotes early financial opportunity for children.
- Additional contributions up to $5,000 can be made by parents, employers, churches, states and loved ones, while an Exclusive Public poll published by Reuters found 57% never heard of Trump accounts and 25% couldn't explain them.
- Critics argue the initiative may not reduce childhood poverty as wealthier families likely contribute most, while supporters say it highlights early financial opportunities and the administration promotes it.
- Currently, 500,000 families have signed up, and the administration projects accounts could reach at least $50,000 by age 18 if modest contributions continue.
36 Articles
36 Articles
Trump tries to shift attention away from woes with glitzy Trump Accounts rollout • Maine Morning Star
Musician Nicki Minaj attends the Treasury Department's Trump Accounts Summit with U.S. Treasury Secretary Scott Bessent, left, at the Andrew W. Mellon Auditorium on Jan. 28, 2026 in Washington, DC. (Photo by Win McNamee/Getty Images)WASHINGTON — President Donald Trump touted the coming generation of “Trump Account children” Wednesday as the administration aims to deflect attention from rising food prices and a deadly federal immigration crackdo…
Trump tries to shift attention away from woes with glitzy Trump Accounts rollout • Rhode Island Current
Musician Nicki Minaj attends the Treasury Department's Trump Accounts Summit with U.S. Treasury Secretary Scott Bessent, left, at the Andrew W. Mellon Auditorium on Jan. 28, 2026 in Washington, DC. (Photo by Win McNamee/Getty Images)WASHINGTON — President Donald Trump touted the coming generation of “Trump Account children” Wednesday as the administration aims to deflect attention from rising food prices and a deadly federal immigration crackdo…
Louisiana Illuminator
Trump tries to shift attention away from woes with glitzy Trump Accounts rollout
Musician Nicki Minaj attends the Treasury Department's Trump Accounts Summit with U.S. Treasury Secretary Scott Bessent, left, at the Andrew W. Mellon Auditorium on Jan. 28, 2026 in Washington, DC. (Photo by Win McNamee/Getty Images)WASHINGTON — President Donald Trump touted the coming generation of “Trump Account children” Wednesday as the administration aims to deflect attention from rising food prices and a deadly federal immigration crackdo…
Trump tries to shift attention away from woes with glitzy Trump Accounts rollout • West Virginia Watch
Musician Nicki Minaj attends the Treasury Department's Trump Accounts Summit with U.S. Treasury Secretary Scott Bessent, left, at the Andrew W. Mellon Auditorium on Jan. 28, 2026 in Washington, DC. (Photo by Win McNamee/Getty Images)WASHINGTON — President Donald Trump touted the coming generation of “Trump Account children” Wednesday as the administration aims to deflect attention from rising food prices and a deadly federal immigration crackdo…
Breitbart Business Digest: How Trump Accounts Could Turn Working-Class Kids into Millionaires
What began as Section 530A in last year's One Big Beautiful Bill Act is evolving into something more substantial: a multi-layered wealth-building system combining government seed capital, corporate matching, philanthropic donations, and family savings. The post Breitbart Business Digest: How Trump Accounts Could Turn Working-Class Kids into Millionaires appeared first on Breitbart.
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