Trump Accounts

Michael and Susan Dell pledged $6.25 billion to seed Treasury‑run “Trump Accounts,” including a $250 Dell deposit for about 25 million U.S. children age 10 and under in ZIP codes with median family incomes under $150,000, while the Treasury will add a one‑time $1,000 seed for U.S. citizens born Jan. 1, 2025–Dec. 31, 2028 who have Social Security numbers. The accounts — launching July 4, 2026 — are tax‑deferred, must be invested in low‑cost index funds, allow up to $5,000 in annual contributions from parents, employers and others, and the White House projects a fully funded account could grow to nearly $1.9 million by age 28.