Better financial education, better investment launchpads for life, share ownership for all
Should we be pressing for Starmer Accounts in the UK to rival Trump Accounts?
Every child born in the USA from 31 Dec 2024 receives $1,000 in a Trump Account, a tax-deferred (not exempt) investment which tracks the performance of a broad-based US stock market index. Parents and others can also contribute up to $5,000 a year into the account.
The Trump account will only invest in shares, not cash. The logic ...