Claims extracted
18
sentences that state something as happening or true
Uncertain
17%
3 of 18 hedged
("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
66/100
New York Post's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Politics
Same framing elsewhere
1
articles that frame the event the way this one does
Social Security has added another program to its lineup — but it’s for babies.
asserted
it → add → babies
The 91-year-old agency — most commonly known for its monthly benefit checks for retirees and those with disabilities — has announced a new initiative.
asserted
agency → know → initiative
The new program — called the Enumeration at Birth (EAB) program — will now be adding information about Trump Accounts to Social Security cards issued to newborns.
asserted
program → call → newborns
In addition to the Social Security cards, parents will be given an insert offering instructions for claiming the child’s Trump Account through the app.
asserted
parents → give → app
Trump Accounts are for those born between January 1, 2025, and December 31, 2028, where kids score a one-time $1,000 contribution from the U.S. Department of the Treasury.
asserted
kids → bear → Treasury
“Social Security is providing families with the tools to get started right away on this generational opportunity to build a strong financial foundation for their children’s future,” said Commissioner Frank J. Bisignano in a press release.
asserted
Bisignano → provide → release
“By including this information with Social Security cards issued through the Enumeration at Birth process, we are giving parents the tools to activate their child’s Trump Account and take full advantage of this wealth-building opportunity,” Bisignano added.
asserted
Bisignano → include → opportunity
To sign your child up for the accounts, parents must follow three steps:
asserted
parents → sign → steps
Visit TrumpAccounts.gov to download the Trump Accounts app and sign up
Look for a communication from the Department of the Treasury with information about activating the account and receiving the $1,000 contribution, if the child is eligible
Manage the account and, if desired, make additional contributions subject to applicable limits
Trump Accounts are a tax-advantaged investment account for children.
asserted
Accounts → visit → children
Eligible kids can have one account where parents, guardians or other authorized individuals serve as the responsible party and account custodian.
asserted
parents → have → party
As of today, 70 million Trump Accounts are up for grabs, and 26 million have already received contributions, according to the administration.
uncertain
million → receive → administration
When children turn 18, the account turns into a retirement account — as their money will grow with them over decades.
asserted
money → turn → decades
The traditional IRA, tax-advantaged investments are administered by a parent or guardian who can add up to $5,000 per year.
asserted
who → administer → year
No withdrawals are allowed before 18, and withdrawals are subject to income tax.
asserted
withdrawals → allow → tax
According to the Treasury Department, each account is invested in the State Street SPDR Portfolio S&P 500 ETF, a low-cost exchange-traded fund that tracks the performance of the S&P 500 Index.
uncertain
that → accord → Index
The agency has also selected other low-cost index ETFs:
iShares Core S&P 500 ETF (IVV)
Vanguard Total Stock Market ETF (VTI)
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM)
iShares Core S&P total U.S. Stock Market ETF (ITOT)
asserted
agency → select → ETF
While parents, family and friends may contribute up to $5,000 to the accounts annually after-tax, businesses can also get into the game.
uncertain
businesses → contribute → game
Employers can contribute up to $2,500 for their employee or a dependent.
asserted
Employers → contribute → employee