Connect with us

FOREIGN

President Trump Announces $1,000 Investment Accounts for American Children Born 2025–2028

Published

on

On Monday, June 9, 2025, President Donald Trump unveiled a groundbreaking policy proposal to provide every American child born between January 1, 2025, and December 31, 2028, with a $1,000 investment account funded by the federal government.

The initiative, dubbed “Trump Accounts,” was introduced during a White House roundtable attended by over a dozen CEOs from major companies, including Uber, Goldman Sachs, and Dell Technologies.

RELATED NEWS  Funke Akindele Arrives In Tanzania Ahead Of Priscilla Ojo And Juma Jux’s Final Wedding

Under the program, the federal government will make a one-time $1,000 contribution to a tax-deferred investment account for each eligible child, designed to track the overall stock market.

These accounts, managed by guardians, will also allow private contributions of up to $5,000 annually. President Trump described the initiative as a “pro-family” effort to empower millions of Americans by leveraging the strength of the U.S. economy to build wealth for the next generation.

RELATED NEWS  Kemi Olunloyo Reacts to Death of Buhari, Says He and Her Father Have Finally Met "At the Gates of Hell"

“This is about giving every child a head start and harnessing the power of our markets to create opportunities for future generations,” Trump stated, emphasizing the program’s potential to foster financial security and economic growth.

Share

Hi, I’m Babawale Busari — a passionate storyteller, content creator, and observer of the world around me. I share compelling stories, current events, digital trends, and insightful commentary that spark thought and conversation. Whether it’s news, culture, tech, or everyday experiences, I believe every detail matters. Thanks for stopping by — let's explore the world, one post at a time.

TRENDING

Discover more from Naijanewstoday

Subscribe now to keep reading and get access to the full archive.

Continue reading