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SleeplessinSoCal

(10,440 posts)
7. Crooks and Liars chimes in on "Trump Accounts"
Thu Jul 31, 2025, 03:03 PM
Jul 2025

"For those who are unfamiliar with these Trump accounts, they function in a similar fashion to IRAs, in that up to $5,000 per child can be deposited each year for them from employers or individuals. The government will also deposit $1,000 per child born during 2025 through 2028. The funds are tax-deferred, restricted from withdrawal until age 59, or for the purchase of a home or college expenses. But here's the catch: They MUST -- not may, MUST -- be invested in stock index funds...."

More: https://crooksandliars.com/2025/07/treasury-secretary-spills-tea-social

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