Saturday, July 4
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Topic: tax-policy

The US Treasury Department building in Washington, DC
Business
Saturday, 7/4, 04:24 PM

Trump Accounts Launch, Seeding Investment Funds for US Children

  • A new US federal program that opens tax-advantaged investment accounts for children went live on July 4, seeding eligible newborns with a $1,000 government deposit.
  • Supporters say the accounts give every child a stake in the markets; critics argue their design will do more for wealthy families than poor ones.

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