"Millions will be pre-funded courtesy of the U.S. Treasury and private individuals like Michael and Susan Dell who have donated $6.25 billion to fund the Trump accounts to 25 million American children. The newly enacted program, passed as part of a multitrillion-dollar tax and spending package in July, establishes investment vehicles designed to connect young Americans to the financial markets."
"The federal government will contribute $1,000 to accounts for babies born between 2025 and 2028, with the program officially launching on July 4, 2026, to coincide with the 250th anniversary of U.S. independence. The funds must be invested in low-fee index funds that primarily hold U.S. stocks."
"When I asked Michael, 'How do you make all that money?' He said, 'Well, I just sat on my dorm in school and I made computers and I'd sell them.' That's called the American Dream. Trump also recognized venture capitalist Brad Gerstner in the audience as another Trump Account backer, thanking him for being behind it right from the beginning."
Trump Accounts represent a newly enacted investment program designed to connect young Americans to financial markets. The federal government contributes $1,000 to accounts for babies born between 2025 and 2028, with funds required to be invested in low-fee index funds holding primarily U.S. stocks. The program launches July 4, 2026, coinciding with America's 250th anniversary. Billionaires including Michael and Susan Dell have donated $6.25 billion to expand the program's reach to 25 million children. Venture capitalist Brad Gerstner also backs the initiative. The program was enacted as part of a multitrillion-dollar tax and spending package in July, with private donors supplementing the federal baseline to extend eligibility beyond the initial newborn window.
#trump-accounts #child-investment-program #billionaire-philanthropy #financial-markets-access #federal-spending-initiative
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