The Trump Accounts is a new approach to educating and incentivizing savings among youth. The tax-advantaged investment accounts were part of the One Big Beautiful Bill Act (OBBBA), providing a $1,000 US Treasury deposit for eligible children born between 2025 and 2028. Effectively launching on July 4, 2026, these accounts allow annual contributions of up to $ 5,000 and will grow tax-deferred until the child turns 18.
Michael Dell, the founder and CEO of Dell Computers, and his wife, Susan Dell, have pledged a whopping $6.25 billion to these new accounts, which are anticipated to support over 25 million children. Announced late last year, the Dell gift is one of the largest direct investments ever made in American families.
If fully funded and left untouched, the White House estimates these accounts could grow to as much as $1.9 million by age 28.
Any child under 18 with a valid Social Security number may open a Trump Account. Parents or guardians must set up and manage the account until the child turns 18. Children, parents or guardians, grandparents, family members, friends, and employers may make contributions.
To kick things off, the US Department of the Treasury has announced a “Summit” that will bring together senior government officials, along with prominent investors and influencers. The program will include policy briefings, expert discussions, and remarks by President Donald Trump and Treasury Secretary Scott Bessent.
Current attendees include the following list of VIPs:
- Isabel Brown
- Alex Bruesewitz
- Ted Cruz (R-TX)
- Michael Dell
- Joe Gebbia
- Brad Gerstner
- Cheryl Hines
- Karoline Leavitt
- Nicki Minaj
- Kevin O’Leary
- Chairman Jason Smith (R-MO)
More are expected to be added to the list as the date nears.
The event will be held on January 28, 2026, from 9 AM to 3 PM ET.
More information on the Trump Accounts is available here.
