US President Donald Trump gives a thumb as he exits Marine Forest and on June 6, 2025 to Air Force One in Andrews, Maryland.
Andrew Cablero-Renolds | AFP | Getty images
K CEO Uber, Ditch, Goldman Sachs And more Mondays are expected to announce billions of dollars allegedly. Trump accounts For children of his employees, a spokesman of the White House confirmed the CNBC.
The Executive President is slapped to make commitment during the President Donald TrumpAvoiding the epinem pilot program, a roundateable event, which will deposit $ 1,000 from the government Investment Accounts for newborns. NBC News First reported the details of the incident.
The White House official told the CNBC that the “Invest America” ​​at the White House at the White House is ready to appear to more than half a dozen corporate leaders for the roundateable. they include:
The provision for creating accounts was passed as part of the budget bill on a large scale last month that President is pushing Republican to his desk before the fourth of July. The bill is pending before the Senate, where it is funny with some funny pushbacks from the conservative Republican that are demanding major changes.
Program – was previously referred to as “Money Accounts for Growth and Advancement” or “Maga Accounts” – Government Funds will be seeds of fund funds with $ 1,000 in government funds for American citizens born between January 1, 2025 and 31 December 2028.
Taxed accounts, which track the overall American stock market, allow additional contribution of up to $ 5,000 per year. The seed money will be funded by the Treasury Department and will be controlled by the parents of the child. Funds can be distributed after the beneficiaries turn 18 years old.
The pilot program is similar to other savings account options that already exist, including 529 college savings schemes, including High contribution limitsSome? Financial advisors say Trump accounts cannot offer best investment incentives.
“The passage of a large beautiful bill literally working across the US, by giving the biggest tax deduction to the middle class families, increasing the child tax credit, and making this incredible new ‘Trump Account’ program, which will put the lives of young Americans on the right financial path!” White House press secretary Karolin Levitt told CNBC in a statement.
This news is developing. Please check back for updates.
, CNBC’s Megan Cursla and Jessica Dicler and NBC News’ Garat Hake contributed to the report.
