White House Faces Scrutiny Over Shaky Trump Accounts Projections

After criticism that its Trump Accounts projections didn’t add up, the White House updated its numbers: initially, investing $0 per year supposedly yielded $200,000 by age 55 while $250 per year would yield only $192,000; following reporting from The Daily Beast, the site now shows $243,000 for no-money and $878,000 for $250/year, with $5,000/year potentially hitting $13 million over 55 years, all claimed to be based on historical S&P 500 averages. Critics say the math remains unclear and inconsistent with other government materials, underscoring broad skepticism about the program’s promised returns. The piece also notes high-profile promotion of the policy, including Nicki Minaj’s involvement at the Trump Accounts event.