«The program — previously referred to as “Money Accounts for Growth and Advancement” or “MAGA Accounts” — would seed index fund accounts with $1,000 in government funds for U.S. citizens born between Jan. 1, 2025, and Dec. 31, 2028.»
https://www.cnbc.com/2025/06/09/trump-accounts-uber-dell-ceo.html
A new entitlement program, basically. Will that money just sit around, quietly growing, for 18 years? I doubt it. It’ll be like Social Security. It’s “there” in theory, but, really, it’s being used to buy more bombs or pay interest on our current debt. Or it’s being used by investment firms, investing in… what?
What to do in 18 years when the promisory note is due is literally a problem for another day.