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Investing in Kids and Country

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Posted By: cThree, 7/12/2026 5:12:02 AM

The Fourth of July was not only a day to celebrate our country’s independence. It marks the date of a new kind of investment account for children of citizens who are under 18 and who have Social Security account numbers. The Trump Accounts (530A accounts) are a brilliant idea. Often compared to “starter IRA accounts,” the children are the owners of the accounts, which are to be managed by a responsible adult -- guardian or parent. (Snip) Consider the genius of this program. It encourages millions of people, many of whom are not investors, to become actual stakeholders in our economy.

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Reply 1 - Posted by: cThree 7/12/2026 5:23:22 AM (No. 2127390)
If communism can be held at bay the next generation will be better armed to resist. Ms Feldman's closing line is tacked on as an aside ("Now, what’s needed is middle school stock-watching programs.") but we do in fact sorely need some financial literacy in our school curriculums. It's part of the larger struggle to stop the erosion of education by progressives.
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Reply 2 - Posted by: mifla 7/12/2026 7:28:17 AM (No. 2127431)
At least until the Dems get back in power and then pull the plug. Long term programs sound great, but the reality of politics always gets in the way.
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Reply 3 - Posted by: Strike3 7/12/2026 7:34:51 AM (No. 2127434)
Not to put a damper on great intentions but how many "responsible adults" will find ways to treat these accounts as just another SNAP program and spend the money on vacations, etc. rather than something useful. A kid at age 18 is looking for fun and a nice red sports car. In addition, it's not our best and brightest who are having most of the children today. I have personal experience, not in this program but with one of my own when I created stock accounts for both of my children and the grandchildren as birthday and Christmas presents and educated them on the stock market. The accounts were all cleaned out within a couple of years. They are all high performers but the temptation is strong.
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Posted by cThree 7/12/2026 5:12:02 AM Post Reply
The Fourth of July was not only a day to celebrate our country’s independence. It marks the date of a new kind of investment account for children of citizens who are under 18 and who have Social Security account numbers. The Trump Accounts (530A accounts) are a brilliant idea. Often compared to “starter IRA accounts,” the children are the owners of the accounts, which are to be managed by a responsible adult -- guardian or parent. (Snip) Consider the genius of this program. It encourages millions of people, many of whom are not investors, to become actual stakeholders in our economy.
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