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Trump Accounts Launch for Babies | Durham News
Starting July 4th, every U.S. baby born between 2025 and 2028 will get a $1,000 government deposit into a new tax-advantaged “Trump Account,” designed to build generational wealth through automatic index fund investments. While projections suggest it could grow to over $600K by retirement, experts caution that real returns may be closer to 6.3% — not the 10%+ assumed. Families can add up to $5K yearly until age 18, when it converts to an IRA. The key? Consistent contributions — even small ones — can make a huge difference over time. Listen in comfort:Get a discount on a Soli Pillow…
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