The White House’s plan for “Trump Accounts” received a massive boost this week when a tech billionaire and his wife pledged $6.25B into the efforts. Trump Accounts are part of the president’s Working Families Tax Cut Act and in Trump’s words, “help millions of Americans harness the strength of our economy to lift up the next generation." All U.S. citizens born between Jan. 1, 2025 and Dec. 31, 2028 will be eligible for the tax-deferred savings account. Any child under 18 with a valid Social Security number may open a Trump account. However, the government contribution will only go to those born between 2025-2028. Each account will start with $1,000 in seed money from the government. The funds will be invested in the stock market and remain private property under guardian control until the child turns 18. The Trump Accounts will only be invested in broad U.S. equity index funds that track the stock market and charge no more than .10% in annual fees. The money will be managed by pri...