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Trump Accounts launched July 4, 2026, as custodial IRAs for children under 18. The Treasury Department deposits $1,000 for children born 2025-2028. Contributions default into the State Street SPDR Portfolio S&P 500 ETF (SPYM), following Warren Buffett's advice to invest in low-cost index funds.
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Summary by ByteBrief

President Trump says Micron will invest $250M in Trump Accounts; Micron says it will come via an employee matching program and a $250 deposit in some US states (New York Times)

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