U.S. President Donald Trump has introduced a new policy proposal that would grant a $1,000 investment account—dubbed “Trump Accounts”—to every American child born between January 1, 2025, and December 31, 2028. The initiative, originally called “MAGA Accounts,” was renamed before passing the House and is now a central feature of Trump’s pro-family legislative agenda.
Announced during a press briefing at the White House, Trump described the accounts as a no-cost measure to taxpayers, with funds placed in stock market index funds managed by the child’s legal guardians. The accounts will accept additional contributions throughout the child’s life and allow partial access at age 18 for education, training, or homeownership, with full access at age 30.
The program will be funded by private sector contributions, with business leaders from companies like Dell, Uber, Salesforce, and Goldman Sachs backing the initiative. Notably, Michael Dell announced that Dell Technologies would match the government’s $1,000 contribution for every child born to a Dell employee, underscoring strong corporate support for the plan.
