A new savings option is available for young Americans. Children born in 2025, 2026, or 2027 are eligible for a "Trump Account". To apply, the child must be a US citizen with a Social Security number, and registration can be done through various government websites.

The account comes with an initial $1,000 investment in the child's name. This investment will be put into an exchange-traded fund, initially in the S&P 500. Further details on the program, including potential returns and additional funding options, are available from the source.