“Landmark Dell Gift Supercharges Trump Accounts for America’s Kids”

“Landmark Dell Gift Supercharges Trump Accounts for America’s Kids” Topic: Trump Accounts & Dell philanthropic gift President Trump, alongside Michael and Susan Dell and top lawmakers, announced a $6.25 billion charitable commitment from the Dells. The gift supports Trump Accounts, a new child savings vehicle created by the Working Families Tax Cuts Act. It is framed as one of the largest direct investments in American families and a way to give every newborn a head start on wealth-building and the American Dream. Tax‑deferred savings accounts for children under 18. Designed to grow via investment earnings; after age 18, they generally function like a traditional IRA. Eligibility: Any child under 18 with a valid Social Security number; parents/guardians manage the account until 18. Baseline federal benefit Available to U.S. citizens born between Jan 1, 2025 and Dec 31, 2028. Treasury makes a one‑time $1,000 “seed” contribution to a Trump Account, if: This $1,000 does not count toward the annual contribution limit. Dell gift add‑on The Dells’ $6.25 billion will fund an extra $250 for: Aim: give low‑ and middle‑income children a stronger launch. Annual contribution limit: Who can contribute: Projected growth: Anti‑fraud measures: Investment rules: When contributions start: How to open an account: Where accounts are held: Before age 18: After age 18: Core AnnouncementWhat Are Trump Accounts?Who Gets What?Contributions & GrowthSafeguards & InvestmentsTiming & AccessWithdrawals & Adult Rules