President Trump has announced the new Trump Accounts program, a groundbreaking initiative designed to provide every newborn American child with a significant financial head start (3:18). This program aims to inject an estimated $3 to $4 trillion into the hands of young Americans (4:18).
Key Features of Trump Accounts:
- Automatic Account Creation: The U.S. government will automatically establish a tax-free investment account for every newborn (7:13).
- Initial Funding: Each account will receive a seed contribution of $1,000 (7:43), designed to grow and compound over the child’s lifetime.
- Additional Contributions: Family members, employers, churches, and states can contribute up to $5,000 annually to these accounts (7:54).
- Significant Growth Potential: With even modest contributions, an account could reach $50,000 by age 18 (8:01), with potential for accounts to exceed $300,000 per child with greater contributions (8:16).
Trump emphasized that this program is a departure from historical norms, aiming to provide children with real assets and financial freedom rather than inherited debt (9:20). He also highlighted a substantial $6.25 billion donation from Michael and Susan Dell (9:47), which will fund Trump Accounts for an additional 25 million children aged 10 and under.
The program is slated to officially launch on July 4th (30:13) and will be accessible via trumpaccounts.gov (30:24). Numerous major companies, including Uber, Schwab, Charter Communications, Intel, Nvidia, Broadcom, IBM, and Comcast, have already committed to incorporating Trump Account contributions into their employee benefits (32:07). Additionally, Visa is developing a platform to allow credit card cashback rewards to be deposited directly into these accounts (37:45).
January 28, 2026 Whashington DC.
Sources: The White House , Midtown Tribune news