Bloomberg ETF analyst Eric Balchunas said in a post on X that every child in the United States under age 18 will automatically receive a Trump investment account, a move he said could cover about 70 million children. The post points to a broad automatic enrollment structure rather than a system that depends on families signing up on their own.
Balchunas added that it is still unclear whether those accounts will come with $1,000 in SPYM seed funding. Even without clarity on that point, he said the account setup would allow stock donations to flow directly into the accounts, addressing cases where some families did not register by themselves. The statement was attributed to Balchunas’ post on X, as cited by Techub News.
Techub News reported that Bloomberg ETF analyst Eric Balchunas said in a post on X that all children in the United States under 18 will automatically have Trump investment accounts opened for them, a plan he said is expected to cover about 70 million children.
Balchunas said it is not yet clear whether those accounts will receive $1,000 in SPYM seed funding. He added that setting up the accounts would allow stock donations to flow in directly, addressing a problem in which some families did not register on their own.
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