According to Bpaynews, the U.S. government-backed child savings initiative known as 'Trump Accounts' is set to launch on July 4, 2026, with eligible children born between 2025 and 2028 receiving a $1,000 federal seed. In parallel, Michael and Susan Dell pledged $6.25 billion to provide $250 deposits to up to 25 million children under age 10 who do not qualify for the federal contribution. Parents or guardians must activate the accounts for children to receive the funds. Certain higher-income ZIP codes may be excluded from the Dell-funded deposit. The earlier proposal of a $2,000 tariff-funded rebate to adults has been dropped from current policy discussions.
Trump Accounts to Launch on July 4, 2026, with $1,000 Federal Seed and $6.25 Billion Philanthropic Boost
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