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Trump Launches $1,000 Accounts for 2025–2028 Children

8/22/2026

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Story summary
  • President Donald Trump launched Trump Accounts, giving a $1,000 grant to children born Jan 1 2025–Dec 31 2028.
  • Guardians and employers may contribute up to $5,000 annually, with accounts auto-creating in October without action.
  • Michael and Susan Dell pledged $6.25 billion to seed accounts for 25 million low-income children.
  • Venture capitalist Brad Gerstner said weekly $10 contributions could grow to $1 million by age 55.
  • Micron pledged $250 million and an anonymous donor $3.5 million for $500 deposits in San Francisco.