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Story summary
- A law signed by U.S. President Donald Trump will establish accounts providing a $1,000 government deposit for millions of eligible children, beginning in mid-2026 to reduce wealth inequality.
- Experts say similar strategies could address retirement issues, with proposals modeled after Australia's Superannuation system that mandates employer contributions.
- Past programs like myRA faced low enrollment, while bipartisan efforts in Congress seek tax-advantaged retirement accounts for workers without employer plans.
