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business10h ago
Billionaire Ray Dalio backs Trump admin investment accounts for kids, joining Michael Dell
Foxbusiness.com and 5 more
- Trump Accounts will open with a one-time $1,000 federal grant for children born between 2025 and 2028, funded through a Treasury-driven program.
- Accounts can receive additional yearly contributions from donors and employers, up to $5,000 tax-free, expanding the funding pool beyond the initial grant.
- The Dalios’ pledge builds on corporate involvement, with firms like BlackRock pledging employee matches to support Trump Accounts.
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