White House Unveils Trump Accounts with $6.25 Billion Dell Donation for Children's Investment Scheme
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News18 English•03/12/2025
White House Unveils Trump Accounts with $6.25 Billion Dell Donation for Children's Investment Scheme
- •Michael and Susan Dell will donate $6.25 billion to support Trump's new children's investment scheme.
- •25 million American children will receive $250 each as part of the country's 250th anniversary celebrations.
- •Trump Accounts are long-term investment vehicles for children under 18, with tax advantages from Trump's latest tax bill.
- •The federal government will make a one-time seed contribution of $1,000 into Trump Accounts for every newborn US citizen.
- •Trump Accounts will be available starting July 4, 2026, for children born between January 1, 2025, and December 31, 2028.
Why it matters: Trump Accounts could reshape how children save and invest across the nation.
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