ChipsFortuneabout 3 hours ago
Trump Accounts launch for kids with S&P 500 default
4 min read
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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