Trump Accounts Launch for Kids | Texas News

Starting July 4th, families can open Trump Accounts for kids under 18—special savings vehicles designed to build long-term wealth through U.S. stock index funds, helping young Americans start strong financially. Backed by the One Big Beautiful Bill Act, parents, guardians, or employers can contribute up to $5,000 yearly, with all funds invested in low-cost, transparent equity funds. Babies born between 2025–2028 get a $1,000 government kickstart, while tech mogul Michael Dell and his wife are donating $250 to kids in lower-income areas. Managed by Bank of New York Mellon, the program includes a user-friendly app to track progress, and funds stay locked until age 18—except in rare cases like rollovers or inheritance. A bold new step toward securing the next generation’s financial future. 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/090c1f0332e7d259