Trump accounts can grow to $191k from age 0-18 & over $2 million by retirement

the miracle of compounding interest

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Hope they remember that when they get to be voting age..

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How do you keep their parents from stealing it?

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Higher Education

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Talk about a cartel.

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Higher Education will adjust fees accordingly to take advantage of this

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I got two HS seniors in the house, praying for lots of scholarships.

The Dell contribution is for kids that don't qualify for the Trump plan.
The entire concept is outstanding and I hope evry family eligible takes advantage of the opportunity.

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The Dells have committed to seed Trump accounts with $250 for children who are 10 or under who were born before Jan. 1, 2025. According to Invest America, the pledged funds will cover 25 million children age 10 and under in ZIP codes with a median income of $150,000 or less.

“We want to help the children that weren’t part of the government program,” Dell said.

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From Grok so TIFWIW


Notably, only one ZIP code in Louisiana has a median household income exceeding $150,000: 71441 (Simmesport area, with $160,101). All remaining ZIP codes (429 total) have a median household income of $150,000 or less. These data points are derived from reliable Census-based rankings and exclude any ZIP codes with high margins of error or populations under 500 for reliability.



Notably, only two ZIP codes in Alabama have a median household income exceeding $150,000: 35213 (Birmingham area, with $161,902) and 35223 (Birmingham area, with $155,079). All remaining ZIP codes (648 total) have a median household income of $150,000 or less. These data points are derived from reliable Census-based rankings and exclude any ZIP codes with high margins of error or populations under 500 for reliability.

The Trump plan is great

Take money from the taxpayer and give it to non taxpayers children in the form of stock market investment to keep the line going up as boomers die off


Why can’t Trump turn taxpayers into batteries to power everybody’s obamaphones like in the matrix

This is misleading.

One $1,000 deposit at birth will be worth a little more than $100,000 assuming compound returns of 8%/year during 60 years.

So what’s not highlighted is a $5,000 per year investment for 30 years in the account. Nor do they mention the assumed returns. Idiots.

With that said, compound interest is great and kids should be taught this early on and often. It’s wonderful!

I like how he just glosses over the almost 100k that needs to be put in the account by someone by age 18 to hit the numbers he's touting by 18.

I mean, I love the idea of the plan, but this post is written for useful idiots to gobble gobble.

"Just in, confirmed!!!" = (Simple annualized math)

Why not just say what the seed investment would become? $1000 for 60 years at the same annualized return of last 20 years of Sp500 would become just over 100k. That's a great return, don't need to run it through the idiot translation machine to make it gain clicks.

Imagine the taxes these kids will be paying when they cash out.
If they ever see the money.