The Treasury’s “Trump Accounts” are set to launch on July 4 with the State Street SPDR Portfolio S&P 500 ETF as the default option. The plan also calls for adding more low-cost index fund options in the near term, which should support broad-based, passive allocation flows. Overall impact is likely incremental rather than market-wide.
The Treasury’s “Trump Accounts” are set to launch on July 4 with the State Street SPDR Portfolio S&P 500 ETF as the default option. The plan also calls for adding more low-cost index fund options in the near term, which should support broad-based, passive allocation flows. Overall impact is likely incremental rather than market-wide.
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