Retirement
fromFortune
2 days ago'Trump Accounts' means kids can have $270,000 saved by age 18. Larry Fink says that's twice as much as most adults have now | Fortune
Trump's new government-backed 401k accounts offer $1,000 seed funding and allow up to $5,000 annual contributions for children born 2025-2028, functioning as tax deferral mechanisms rather than traditional retirement accounts.