Pres Trump is announcing that the self-called "Trump Accounts" are to start July 4, 2026. Eligible children born between 2025 and 2028 may receive a $1000 government contribution to jump-start long term savings.
Trump has also said that all qualified people may receive $2000 from the tariff pool. That idea has kinda died down.
Although deficits are high, giving away money is a good way to win over people.
Also today, Michael and Susan Dell announced a landmark $6.25 billion donation to support child investment accounts, providing $250 to each eligible child under age 10—reaching roughly 25 million children nationwide.
Details:
The Dells pledged $6.25 billion to fund what are often called “Trump Accounts” — officially a child-savings scheme legislated under the 2025 tax and spending law.
Their gift will deposit $250 into each eligible child’s account — intended to cover up to 25 million U.S. children under age 10 who otherwise wouldn’t qualify for the federal seed payment.
The federal part of the program gives $1,000 to children born between January 1, 2025 and December 31, 2028. The Dells’ donation expands the benefit to a broader group.
There are some challenges and critcisms of the plan:
The program’s actual benefit depends on long-term follow-through: parents or guardians must activate the accounts (expected by July 4, 2026), and ideally continue contributing for the full benefit. The initial gift alone isn’t a guaranteed path to prosperity without sustained involvement.
Children in higher-income ZIP codes or above certain income thresholds may be excluded from the Dells’ $250 — meaning some families might not receive the benefit.
The broader program (and donation) is part of a politically charged law — which means long-term success could depend on future political and regulatory changes.
