A product of the “Big Beautiful Bill,” Trump Accounts give American children — sorry, illegal aliens, this one is for us — a “tremendous” financial head start on life, providing the means to pay for college or put a down payment on a home, along with exposure to equities, something roughly 1 in 3 Americans currently do not have.
If you make the maximum annual contribution of $5,000 to a Trump Account, it could be worth:
At age 18: $300,000
At age 28: $800,000
At age 55: $10 million
All courtesy of the power of compounding returns, argues Heritage Foundation Chief Economist E.J. Antoni in this special video commentary.
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