The United States is preparing a financial “gift to start” for the youngest citizens. Under the Trump Account program, all kid born between 2025 and 2028 is to receive $1,000 into a peculiar investment account, with access to money after the age of 18.
According to these assumptions, all child, born between January 2025 and the end of 2028, will receive $1,000 from the state. The money will go to an individual investment account run by the U.S. Treasury Department. Access to funds will not be possible until the kid is 18 years old.
The authorities announce that the programme will start in 2026 and will be a tool for building a more unchangeable financial start for the young generation. Its plan resembles the alleged "child trust accounts", but on a much more ambitious scale.
A immense donation from Michael and Susan Dell
In parallel to the national program, a large philanthropic initiative was announced. Billionaire Michael Dell and his wife Susan announced that they would transfer $6.25 billion to 25 million accounts children under 11 years of age who do not meet the criteria of the government programme. Each of these children is expected to receive $250.
Michael Dell, founder and head of Dell Technologies, according to Bloomberg's index is the 11th richest man in the world, and his property is estimated at $188 billion. The scale of the donation – 1 of the largest in the past of private philanthropy in the US – immediately attracted the attention of planet media.
Trump: “One of the most generous gestures in American history”
President Donald Trump, commenting on the actions of the Dells during his speech in the White House, stressed their unique scale. As he pointed out:
"This is truly 1 of the most generous gestures in American history," he said.
Trump besides called on another entrepreneurs and philanthropists to engage in akin initiatives to support children and families in the US.
Objective of the programme: “a stronger financial start” and “a fresh era of capitalism”“
According to the administration, the programme is intended to give children a "stronger financial start", helping them enter adulthood with the first real capital. Treasury Secretary Scott Bessent described the task as a fundamental change in approach to building the financial future of the youngest Americans.
Bessent stated that the initiative would launch a "new era of capitalism" in the US, where investment is to become a standard from the first months of the child's life.
A fresh Chapter in American household Politics
If the programme is implemented as announced, it will be 1 of the loudest and bravest social-investment projects in the last decades in the US. The combination of public support and private philanthropy creates a model that has the chance to change the way millions of children think about the financial future.
The United States wants to build a strategy where all young citizen competes in adulthood with minimal but real capital – and the anticipation of multiplying it over the years.
In Poland, despite the extended household policy, is there no shortage of an component that would build long-term capital for future adults? An investment programme starting from birth could become a valuable complement to current benefits – not as their replacement, but as a way to supply children with a real financial foundation at a time erstwhile the cost of education and entry into adulthood increases faster than ever.
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Source: rmf24.pl