Trump Announces 'Trump Accounts' Program with Michael and Susan Dell

Announcement of Trump Accounts

• 🚀 President Trump, alongside Michael and Susan Dell, announced the creation of "Trump Accounts" on Giving Tuesday.
• 💡 This initiative aims to benefit the next generation of American children through a new program established within a recent bill.

The Trump Accounts Program

• 💰 "Trump Accounts" are described as the first "real trust funds" for every American child, allowing contributions from family, employers, and donors.
• 📈 These funds will be invested and are intended to grow over the child's life, becoming accessible after they turn 18.
• 📊 The accounts will track the overall stock market and will be 100% private property controlled by the child's guardians.

Michael and Susan Dell's Contribution

• 🌟 In honor of America's 250th anniversary, the Dells are donating $250 to 25 million American children.
• 🎯 This significant contribution totals $6.25 billion and is directed towards children aged 10 and under in zip codes with a median income of $150,000 or less.
• ✅ The goal is to provide middle-class families with a stake in American prosperity and a better chance at the American dream.

Government and Future Contributions

• 🇺🇸 Under a recent bill, the federal government will also make a one-time seed contribution of $1,000 into tax-deferred Trump accounts for every newborn US citizen.
• 🤝 The program encourages others, including businesses, churches, philanthropists, and family members, to contribute to the next generation.
• 🗓️ Trump Accounts will be available starting on July 4th of next year, with expectations of significant corporate interest and contributions.

Recognition and Impact

• 👏 President Trump lauded the Dells' contribution as an extraordinary act of kindness, patriotism, and charity, calling it one of the most generous in American history.
• 💼 Contributions to Trump Accounts will also be offered as a tax-free benefit for employers to provide to their workers.