NewsTelemundo 51 Miami – MainJuly 2, 2026United States
What to Know About 'Trump Accounts' for Children
The Trump administration is launching 'Trump Accounts,' an investment program that provides $1,000 in seed capital to children born between 2025 and 2028. While the government provides the initial funding, the accounts are managed by private firms and allow for additional contributions from families, employers, and private donors.
Read the full story at Telemundo 51 Miami – MainWhy It Matters
Parents of children born during the current administration can now open investment accounts that restrict access to funds until the child turns 18, with the government providing $1,000 for newborns and private donors offering targeted grants for older children.
Key Facts
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Who's Mentioned
personScott Bessent“Promoter of the '50-State Challenge' for corporate donations.”organizationNvidia“Company planning to incorporate contributions into benefits.”organizationSteak ’n Shake“Company planning to incorporate contributions into benefits.”personSanjay Mehrotra“Committed $250 million to the program.”organizationUber“Company planning to incorporate contributions into benefits.”personMichael Dell“Committed $6.25 billion to the program.”organizationDell Technologies“Company founded by donor Michael Dell.”organizationIntel“Company planning to incorporate contributions into benefits.”personRay Dalio“Committed $75 million for children in Connecticut.”personSusan Dell“Committed $6.25 billion to the program.”organizationDepartment of the Treasury“Administers the $1,000 seed capital.”organizationMicron Technology“Company led by donor Sanjay Mehrotra.”personBrad Gerstner“Committed $250 per child under 5 in Indiana.”organizationIBM“Company planning to incorporate contributions into benefits.”personBarbara Dalio“Committed $75 million for children in Connecticut.”personDonald Trump“Initiator of the Trump Accounts program.”