70 Million Kids Just Got Trump Accounts. The Bigger Winner Could Be State Street
Trump Accounts now cover nearly 70 million children, with State Street's SPYM as the default ETF. Here's why the long-term economics matter.
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Why It Matters
A new savings account for kids picked State Street's fund as the default choice. This means State Street could earn money from millions of new young savers over time.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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