Donald Trump Proposes “Trump Accounts” to Help American Families Build Wealth
Former President Donald Trump has unveiled what he calls the most ambitious domestic policy of his political career: a nationwide savings initiative aimed at giving American children a financial head start.
Known as “Trump Accounts,” the program would provide every child born in the U.S. between January 1, 2025, and December 31, 2028, with a government-funded investment account. Each account would start with a $1,000 federal deposit in a stock market–tracking fund. Parents or guardians could contribute up to $5,000 per year, with earnings growing tax-deferred until withdrawal.
Trump emphasized, “Every child deserves a stake in the greatest economy in the world, right from day one.”
How It Works
Accounts are owned by the child but managed by parents until adulthood.
A $1,000 initial deposit could grow to around $4,000 over 20 years; families contributing the maximum annually could potentially accumulate over $180,000 by age 18, depending on market performance.
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