Trump Accounts Give Kids $1K Start | San Antonio News

Starting July 4th, over a million kids born between 2025 and 2028 will automatically receive $1,000 in a new government investment account — dubbed “Trump Accounts” — designed to give them a financial head start. The money, invested in tax-free stock market index funds, can’t be accessed until age 18, when it converts to a traditional IRA for college, home, or other qualified expenses. Parents of older kids can still qualify for bonus funds from foundations like the Dell Family, especially if they live in lower-income areas. While the program is straightforward to sign up for via the website or app, remember: the money is locked until 18, and market fluctuations could affect its value — especially near that milestone. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3bf225a533913d00