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'Trump Accounts' launching for child investment

FOX Business host Cheryl Casone details the new 'Trump Accounts' initiative. The accounts aim to help families invest in children's futures, with potential for significant returns by age 28.

FOX Business host Cheryl Casone explains the "Trump Accounts" program, designed to boost children's financial futures. The initiative includes a $1,000 government contribution for eligible children born between January 1, 2025, and December 31, 2028, plus up to $5,000 in annual contributions from individuals and employers. Estimated returns could reach over $1 million by age 28 with maximum contributions.