Cathie Wood Says Trump Accounts Can Help 'Ride The Financial Wave' Of The Tech Revolution, Vlad Tenev Calls App 'Simple, Intuitive And Educational'

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Cathie Wood , the founder and CEO of ARK Invest , is supporting the Invest America Accounts, also known as Trump Accounts , saying this would enhance children’s lives and help them benefit from the future technology revolution.

In a Thursday post on X, Wood encouraged parents and grandparents of Americans to look into the Trump Accounts for children under 18 years to "catch and ride the financial wave of this technology revolution."

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The official Trump Accounts app is now available for download on all major platforms, with the full rollout coming in the weeks ahead for everyone eligible who completes IRS Form 4547.

These were created under the One Big Beautiful Bill Act, and are structured as tax-deferred investment vehicles for minors. The investment activity and the government’s $1,000 seed deposits for kids born between Jan. 1, 2025 and Dec. 31, 2028, are scheduled to begin on July 4, which marks the nation's 250th anniversary.

Treasury Secretary Scott Bessent said nearly 6 million children have already signed up for the program.