Trump Accounts Launch with S&P 500 ETF as Default Investment
The Trump Accounts program officially launched on July 4, 2026, offering a government-funded investment option for children under 18. The U.S. Treasury deposits an initial $1,000 into accounts opened between 2025 and 2028 to encourage early financial planning. At launch, contributions are invested in the State Street SPDR Portfolio S&P 500 ETF (SPY), with additional low-fee index funds expected as future options.
Topics: index_funds retirement_accounts S&P_500