More than six million have been signed up for the investment accounts, which open for contributions July 4, but there are barriers to uptake.
Category: Child Savings Accounts
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Micron to Donate $250 Million to Trump Accounts, Trump Says
President Trump said that the U.S. chipmaker would make a significant donation to a new type of investment account for children created by the administration.
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What’s the Best Way to Give America’s Children $6 Billion?
Michael and Susan Dell are seeding Trump accounts for American children, but the policy, as written, risks leaving out many recipients.
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Trump Accounts, Baby Bonds: Giving Directly to Kids Is an Idea Right and Left Could Love
Michael and Susan Dell’s $6.25 billion donation to child savings accounts fits a trend: giving with no strings attached. In some ways, it’s a bipartisan philosophy.
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Michael and Susan Dell Pledge $6 Billion for Child Investment Accounts
The tech billionaire and his wife hope other philanthropists follow their $6 billion lead in expanding the reach of soon-to-be-created “Trump accounts.”