Trump Accounts give eligible US newborns $1,000 to invest in ETFs. Here's how the savings plan works, investment choices and long-term growth potential.

Trump Accounts are a traditional individual retirement account, or IRA, for children

The federal gift is automatically invested in an S&P 500 fund, meaning about a fifth of every newborn's nest egg flows straight into four mega-cap tech stocks.

Trump Accounts give eligible US newborns $1,000 to invest in ETFs. Here's how the savings plan works, investment choices and long-term growth potential.

President Donald Trump says Trump Accounts could lift children out of poverty and help more Americans invest in the stock market.

WASHINGTON (AP) — President Donald Trump says Trump Accounts could hoist children out of poverty and give more Americans the chance to benefit from investments in the stock…