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Who could benefit the most from Trump's investment accounts for children

Who could benefit the most from Trump's investment accounts for children

Published 3 months, 1 week ago
Description
High-income families who can afford to max out the $5,000 annual contribution limit stand to benefit the most financially from the newly launched Trump Accounts (Section 530A accounts). While the federal program is open to all American children under 18, financial experts and economists note that the structure creates a widening return gap between wealthy households and low-income families.

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