Trump account plan launched! Newborns in the US receive a $1000 airdrop, NVIDIA joins the lineup

MarketWhisper

The United States launches the Trump Accounts program, allocating $1,000 to newborns for index fund investments, available after age 18. In three days, 600,000 families have opened accounts, with an estimated 25 million participants. Companies like Nvidia, Coinbase, and others are matching $1,000 for their employees’ children. Critics say this will exacerbate income inequality: the wealthy see their savings grow exponentially with $5,000 annually, while the poor only accumulate $1,000, reaching just $3,570 after 18 years.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)