World · 19 Jul 2026

Trump Accounts give US newborns $1,000 to invest from birth

Trump Accounts give US newborns $1,000 to invest from birth

Donald Trump has launched Trump Accounts, a savings programme giving every eligible newborn $1,000 from the government to begin investing at birth. Parents and other contributors can add up to $5,000 a year. Bloomberg Intelligence ETF analyst Eric Balchunas said the compounding could grow the account substantially over a child's early decades.

Source: Hindustan Times

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