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Trump Accounts Get SpaceX Boost | Durham News
The government just launched “Trump Accounts” — giving every kid born between 2025 and 2028 a $1,000 seed investment by July 4th, locked until age 18, then converting to an IRA. Designed to instill early ownership habits, especially for lower-income kids, the accounts default to S&P 500 funds and let families and employers add up to $7,500 yearly. A major boost came when Treasury allowed stock gifts — and SpaceX CEO Gwynne Shotwell pledged one share of SpaceX stock to over 2 million kids aged 11–17, especially in underserved areas. This, alongside pledges from the Dell Foundation and Micron…
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