Trump accounts are a great way to give kids a financial head start on life, whether that means

paying for a traditional four-year college or community college or trade school or buying a home,

starting a business, etc. Your kids get to watch their accounts grow, learn the ups and downs of the market,

have a vested interest in the financial world, and see firsthand how public policy affects equity prices of the

companies in their portfolios. This whole mechanism for investing is bringing Main Street into

Wall Street, as the Treasury Secretary Scott Besson has often said. Roughly one in three Americans

have no exposure whatsoever to equities, not in direct stock holdings,

not in pension plans, not in 401ks or Roths or anything else. With Americans now starting life

with equity exposure, every American becomes a shareholder and therefore a stakeholder in a higher

tier of American capital markets and American capitalism. If you contribute

the maximum to your child's Trump account, it'll be worth about 300 grand when your kid turns 18.

That's enough to pay for college and have money left over for most folks. It gives the child a

tremendous financial head start on life.

Hello, this is E.J. Antony for The Daily Signal. I'd like to talk today about Trump accounts,

what they are, how they work, but also address some of the misnomer's and criticisms. In short, Trump accounts were created as part of the

working family's tax cut, better known as the Big Beautiful Bill, signed into law last year

by the president. The accounts are tax-advantaged with a structure that borrows from existing specialized

accounts like a traditional 401k or a 529 plan. But they offer much more flexibility than many

similarly designed plans. When a child turns 18, they'll be able to use the money for a four-year

college, but also for an associate's

degree at a community college or a trade school. They don't even have to use the money for

education, but instead can use it to buy a home or start a business if they want to be

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