US media: "Trump account" may allow wealthy individuals to directly donate stocks

CoinFeed reported on May 6th that, according to the New York Times, White House and Treasury officials have begun internal discussions on expanding the investable scope of the "Trump Account" (officially known as Account 530A). Current discussions include allowing the world's wealthiest individuals to donate stock in their companies. Currently, the Trump Account only allows cash investments in diversified index funds, not stock donations. This idea aims to leverage the unrealized wealth of billionaires like Elon Musk or Jensen Huang. If the rules are modified, Musk could directly donate Tesla or SpaceX stock, and Huang could donate Nvidia stock. Compared to the slow and stable returns of index funds, children would be able to hold long-term exposure to high-growth large-cap tech stocks and potentially reap huge profits.