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Trump Accounts Give Kids Financial Head Start | Huntsville News
The White House just dropped a jaw-dropping stat: over seven million “Trump Accounts” — government-backed savings accounts for kids under 18 — have been opened since launch. Babies born between 2025 and 2028 automatically get a $1,000 seed fund, and a million parents have already claimed theirs. Here’s the kicker: 86% of account holders come from families earning under $200K — proving this isn’t just for the wealthy. Parents can contribute up to $5K annually, invested in low-cost index funds, with projections showing it could balloon to nearly $100K if left untouched. A smart, surprisingly…
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