Trump announced last night! Establishing children's accounts to invest in U.S. stock indices!

On December 2, at an event at the White House, U.S. President Trump announced that a savings plan called the "Trump Account," aimed at helping American children build wealth, will be available starting July 4, 2026.

Trump stated that this allows "middle-class families to gain a share in the prosperity of America, benefit from the rising stock market, and better achieve the American Dream."

The "Trump Account" is part of this year's "Great Beautiful Act," which requires the U.S. Treasury to provide $1,000 investment accounts for children born in the U.S. between January 1, 2025, and January 1, 2029. The Dells' donation will expand the coverage of this plan, allowing more children to benefit.

The U.S. government's "Trump Account" program will launch on July 4, 2026, exclusively for children born between 2025 and 2028, providing $1,000 per child. At that time, any parent can open an account for their child and contribute up to $5,000 each year.

Additionally, the program encourages corporate participation. Employers can contribute $2,500 annually to the accounts of employees' children, and this amount will not be included in the employees' taxable income.

Trump stated:

By the time the child is 18, the value of the 'Trump Account' should grow to thousands of dollars, and even more by the time they are 20 or 30.

These assets can grow tax-free within the account. Funds cannot be withdrawn until the child turns 18. After reaching adulthood, account holders can withdraw funds for designated purposes such as college education, down payments on homes, or startup costs.

It is important to note that while the asset appreciation process is tax-free, beneficiaries will need to pay corresponding taxes on the earnings portion when withdrawing funds.