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The Trump accounts are live. Great benefit for kids.
For young kids born from 2025-2028, $1,000 deposited in their account is a nice kickoff to investing. For any kid, the $5,000 contribution that anyone can make for them is a huge benefit long term. I also like how they have baked in educational insights for learning about investing in the app. Kids are getting access to more and more tools to learn investing, and that is something I wish I had learned more about when I was young.
These accounts have no earned income, tax-deferred growth, and a clean Roth conversion pathway. The charts that multiple sites have put out speak for themself:

Additionally, the app is slick and easy to use, which isn’t surprising since $HOOD ( ▼ 1.69% ) designed them. This Tweet from Amit sums it up:
Big win for kids, for parents teaching their kids about investing, for starting kids off with retirement accounts early and for $HOOD ( ▼ 1.69% ) on winning this partnership.
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HVAC owners running 3–15 trucks are juggling calls they can't answer, membership lists they can't work, and software that doesn't connect. Larry fixes all of it.
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Arctic Air grew revenue 30% year over year. Premier Heating & Air tripled lead conversion.
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