Trump's New Children's Savings Accounts to Be Initially Invested in State Street ETF

Money flowing into President Donald Trump's newly created children's savings accounts will initially be invested in a State Street Investment Management ETF, as the US Treasury prepares to roll out the programme. Anna Paglia, State Street's chief business officer, called the extension of capital markets to children "revolutionary." The accounts represent a new government-backed investment vehicle for American families.

Are government-backed investment accounts for children a good idea?

Bloomberg · 18d ago · Source ↗

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Trump's New Children's Savings Accounts to Be Initially Invested in State Street ETF

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