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Trump accounts
Posted on 10/7/26 at 1:26 pm
Posted on 10/7/26 at 1:26 pm
This deserves its own thread besides the would you do Mrs Dell one.
Loading Twitter/X Embed...
If tweet fails to load, click here. quote:
President Trump announces Trump Accounts will be expanded to EVERY SINGLE CHILD in America
Over 70 MILLION accounts will be opened for children -- up from the current 8 million.
Every child could be sitting on HUNDREDS OF THOUSANDS of dollars by the time they turn 18.
The Treasury seeds the account with $1,000, and parents can contribute up to $5,000 per year.
Posted on 10/7/26 at 1:26 pm to Kjnstkmn
Posted on 10/7/26 at 1:27 pm to Kjnstkmn
Posted on 10/7/26 at 1:27 pm to Kjnstkmn
Posted on 10/7/26 at 1:28 pm to Kjnstkmn
By the time they turn 18 thousands of dollars will be like hundreds today
Posted on 10/7/26 at 1:28 pm to Kjnstkmn
Gotta give credit where credit is due and this is a good one. I hope future presidents continue on doing the same. Yea i know more fiscally responsible folks already have some kind of savings acct set up for their kids but that’s a very small percentage of parents.
Posted on 10/7/26 at 1:28 pm to Kjnstkmn
The financial institutions have to be thrilled.
Posted on 10/7/26 at 1:30 pm to jizzle6609
No matter what anyone thinks of orange, this is a great idea.
Posted on 10/7/26 at 1:36 pm to jizzle6609
The morons that don't understand the importance of time-value here will out themselves ITT.
Posted on 10/7/26 at 1:37 pm to theballguy
quote:
No matter what anyone thinks of orange, this is a great idea.
It is, if it was done correctly, it could completely replace social security.
Posted on 10/7/26 at 1:41 pm to Kjnstkmn
Great program and opportunity but the $1000 is still only for children born between 2025 and 2028 if I understand correctly. My son was born in 2023 and has an account but recieved no government deposit.
Posted on 10/7/26 at 2:01 pm to Kjnstkmn
Great way to shove billions more over to wall street to keep those record annual bonuses. Artificially bump the market with more taxpayer money as debt soaring to > $50 Trillion by 2030.
Posted on 10/7/26 at 2:02 pm to DanW1
Check your kids account, I just read that any kid that didn't get the initial $1000 and live in a zip code where the median income is less that $150k annually should've received a $250 deposit from the Michael & Susan Dell Foundation. I just opened ours and sure enough the $250 is there.
Posted on 10/7/26 at 2:05 pm to Kjnstkmn
Can we do retro ones for older people who may not get Social Security money? Asking for an older friend.
Posted on 10/7/26 at 2:07 pm to theballguy
quote:
No matter what anyone thinks of orange, this is a great idea.
Posted on 10/7/26 at 2:09 pm to DanW1
quote:
My son was born in 2023 and has an account but recieved no government deposit.
2 of my kids born in 2022 and 2024 both received $250 from Michael Dell.
Posted on 10/7/26 at 2:11 pm to jizzle6609
If the SSI would have been run correctly those institutions may have been happier but people would have been wealthier
Posted on 10/7/26 at 2:46 pm to Kjnstkmn
They have to much info on our kids.
Posted on 10/7/26 at 2:53 pm to Kjnstkmn
quote:
Before launching Trump Accounts, 38% of Americans did not own a stock.
This is eye opening.
Posted on 10/7/26 at 2:56 pm to Kjnstkmn
Should be means tested. Elom Musks kid does not need taxpayer money.
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