Trump Accounts Plan Offers $250 to Millions of Children with Private Funding
4 hours agoPolitics
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TBNthebalanced.news
Trump Accounts Plan Offers $250 to Millions of Children with Private Funding

A new savings initiative, potentially funded by a $6.25 billion donation from Michael and Susan Dell, aims to provide up to $250 to as many as 25 million American children through "Trump Accounts." These tax-deferred investment accounts, authorized by the Working Families Tax Cuts Act, are designed to offer children an early financial start. Eligibility will be based on age, income limits tied to ZIP codes, and IRS filing requirements, with accounts expected to open in July 2026. Some families may also qualify for an additional $1,000 in Treasury seed money.

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