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President Trump Announces 'Trump Savings Account' for Newborns, with $1,000 Government Contribution

2025/06/11 08:44 (Updated 2025/06/11 10:01)
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Written by L.Kikutani
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President Trump Announces 'Trump Savings Account' for Newborns, with $1,000 Government Contribution

A Measure Against Declining Birth Rates?

On the 9th, President Trump officially announced the 'Trump Savings Account' during a roundtable discussion with the CEOs of Dell, Goldman Sachs, and Uber. This initiative is positioned as a key policy of his second term, aimed at economically supporting measures against declining birth rates.

The program will target newborns in the United States from January 1, 2025, to January 1, 2029. The government will invest $1,000 in a stock market-linked index fund, with automatic registration for the accounts.

Parents or account managers can make additional investments of up to $5,000 per year with after-tax funds. The funds will be managed through an index fund that tracks the entire US stock market, and withdrawals...

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MAGAZINE
Iolite Vol.14

Iolite Vol.14

July 2025 issueReleased on 2025/05/30

Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.14

July 2025 issueReleased on 2025/05/30
Interview Iolite FACE vol.14 Charles Hoskinson, founder and CEO of Cardano/Input Output Global PHOTO & INTERVIEW Mariko Mabuchi Special feature: "Considerations on cryptocurrency-related policies in Japan and the US", "Blockchain guide from Japan", "Huge position liquidation occurs at Hyperliquid! A new, unanticipated crisis in decentralized finance", "Sakana AI, a generative AI startup from Japan that is attracting a lot of attention", "Prepare for a recession: correlation between finance and anomalies" Crypto Journey: "Web 3.0 from the perspective of the 'King of Debate'" Interview with Hiroyuki Special series: Virtual Nishi: "Cryptocurrency market trends and key points for interpreting them" Series: Tech and Future Toshinao Sasaki, etc.