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Trump Launches $1,000 Savings Accounts for Kids

12/8/2025

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Story summary
  • U.S. President Donald Trump announced 'Trump accounts,' a savings program for children under 18.
  • The program, funded by federal seed money and private contributions, begins mid-2026.
  • Michael and Susan Dell pledged $6.25 billion to support 25 million low-income children.
  • Each eligible child will receive a one-time government deposit of $1,000.
  • The accounts invest in broad U.S. stock index funds, with access only at age 18.