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Trump Account Lets Babies Start Investing | Salt Lake City News
A new government program called the “Trump Account” is giving $1,000 to every baby born between January 1, 2025, and December 31, 2028 — essentially a child’s retirement fund designed to grow into generational wealth. Backed by big names and already millions of accounts opened, the money can balloon to $6,000 by age 18 — and even hundreds of thousands with regular contributions. Critics call it political theater, but even they say parents should still sign up — because $1,000 is $1,000. The accounts function like IRAs, locked until age 18, with rules on investments and penalties for early…
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