Former President Donald Trump is set to launch 'Trump Accounts' on July 4, a new type of IRA for children under 18. According to a report, SpaceX has discussed donating stock to the program, though it remains unclear if the donation will proceed.
The accounts already have 6 million sign-ups, and children born between 2025 and 2028 will receive a one-time $1,000 government contribution. The Trump administration hopes the initiative will become a defining part of his legacy.
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