cnbc
Region: US
Monday 06 July 2026 18:23:40 GMT
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Carrie :
If someone thinks the point is to “take the $1,000 and run at 18,” they missed the entire lesson. At a 7% average return, $1,000 could be about $3,380 by 18, but roughly $81,000 by 65 if left alone. Add only $20 a month and you’re talking about roughly $12,000 by 18 or over $410,000 by retirement. This is not about free money, it’s about teaching ownership, patience, and compounding early.
2026-07-07 12:13:29
828
cla11photography :
With Trump’s history of bankruptcy and making bad deals, I would not invest.
2026-07-07 00:35:11
615
MiVie :
Here you guys go. According to the app, they default it to if “you” contribute $50/month until age 18, they’d have over $19K.
2026-07-07 20:35:39
1
aTavarez559 :
it's a con
2026-07-06 22:38:43
231
drndtecc :
The account converts into a traditional IRA at 18 years old so how is the growth tax free? To roll over into a Roth IRA they would need to pay taxes. What are they talking about?
2026-07-07 18:42:28
4
Jman0808 :
This is so awesome!! My grandson just got signed up. Thank you President Trump!!
2026-07-07 14:12:49
32
Jayla :
im pregnant now due july 29th ill be signing up my son its smart.
2026-07-07 04:58:20
73
TheyCallMe_Easy :
How bout just set your own accounts for your kids
2026-07-07 08:30:37
118
NISHA :
I dont trust it
2026-07-07 14:45:22
28
L1v3Fr33Dr34mB1g :
I'd be worried it would be another scam
2026-07-07 19:03:34
8
🐯💎🐘REDD :
and yall trust this lol .
2026-07-07 11:13:32
48
user388299995 :
So Trump can steal their money because when them kids turn 18 that money is not gonna be there
2026-07-07 13:18:48
1
Debbsgarden97 :
I wouldn’t touch anything that Trump was financially associated with but after listening to a lot of experts, there is a lot of room for improvement with this program because there are some very big pitfalls
2026-07-07 09:37:34
42
Bris maladaptive World :
I already have a 529 account for my son I'm good
2026-07-07 16:05:41
5
Bossman💎 💎 💎 :
It sounds good, but I wouldn’t trust it
2026-07-07 09:54:44
34
Sunshine :
nothing's free from the government, pass
2026-07-07 04:02:04
5
hahhashshsmeem :
How to sign up the account could someone please explain it
2026-07-07 20:36:24
0
user7380213079701 :
They won't see any of that money
2026-07-07 18:06:20
5
kELLEY J :
The moment my children were born I started off with $25 a month in an investment account for them. I eventually increased it to $100 a month. My son is 28 and my daughter is 39. Both of them have their own homes which are paid for and they both have portfolios.
2026-07-07 05:38:23
182
Nightneo2000 :
meanwhile the banks will have ten fold in interest with your money.
2026-07-07 16:37:27
5
user817102 :
They switched us from pensions to 401k only to find out later that it was a scheme. 🤔
2026-07-07 05:05:27
5
devildoc719 :
Yeah, on the surface it sounds like a great deal — until you follow the money. If 6 million kids get accounts and just 1 million families max out contributions every year, that could create a pool approaching $200 billion over 18 years (depending on market returns). Even a tiny management fee — around 0.03% — could mean investment companies collecting roughly $500–700 million total over that time. The $1,000 isn’t just free money sitting in an account — it creates a massive flow of money into investment products managed by major financial companies. The real question is: who benefits the most in the long run — the kids building wealth, or the companies collecting fees on billions of dollars?
2026-07-06 21:10:48
61
MAJESTIC TSALAGI :
I SET UP ACCOUNTS FOR MY GRANDCHILDREN
2026-07-07 00:06:35
252
lemur :
so how's that phone everyone bought going lmao
2026-07-07 12:43:03
7
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