Trump's account was officially launched on July 4. The first year is expected to inject US$30-50 billion in buying capital into US stocks

source··23:13 编辑

Comparing news, the US Treasury's official statement made it clear that from July 4, eligible US children's accounts will automatically deposit $1,000 in government seed funds, and the accounts will officially be put into operation. Trump's children's investment account is expected to directly inject 30 to 50 billion US dollars of incremental capital into US stocks in the first year. Subsequent households and employers can add up to 5,000 US dollars/account per year, which will continue to bring in tens of billions of dollars or more stable capital inflows over the long term, forming long-term buying support.

The Trump account, also known as the 530A account, is a tax-deferred investment account plan authorized by US President Trump on June 9, 2025, to establish government-funded savings accounts for children of US citizens born from January 1, 2025 to January 1, 2029. The initial funding for Trump's account came mainly from government grants, private donations, and household savings. The federal certificate will provide an initial funding of $1,000 per account, with parents adding up to $5,000 each year; 18 year olds can receive 50% of funding, 25 can use the full amount for education/entrepreneurship, and 30 have no usage restrictions.

At the investment level, accounts will be limited to investing in low-cost investment funds or ETFs that track a wide range of stock price indices, such as the S&P 500 index, and cannot be used to invest in specific industry indices or specific sector indices. Funds are also restricted at the level of use, and funds from the account cannot be withdrawn for any reason until January 1 of the year the child turns 18 and becomes a legal adult (unless the child passes away or the funds are transferred to another similarly restricted account). This time, it is scheduled to begin accepting initial deposits on July 4, 2026 (the 250th anniversary of the publication of the US Declaration of Independence), just before the 2026 midterm elections begin. It is expected to become an important policy move for the Republican Party to win over voters.

Original Link
说明: All Bitpush articles reflect the author's views only and do not constitute investment advice.

Related

Loading...