The Economic Times News

Texas could become the first U.S. state to boost federal Trump Accounts for newborns to $2,000 will it spread across America?

Texas may double the federal Trump Account for newborns to $2,000. The state plans a $1,000 investment per baby in an S&P 500 fund. Withdrawals start at 18 for education, home, or business. Estimated $400 million annual cost. Early savings could grow over $11,000 by adulthood. Other states may follow. Learn how families benefit from this program.