Episode Details

The Treasury’s “Trump Accounts” program is launching—giving $1,000 to babies born between 2025 and 2028, with activation emails starting soon. By July 4th, accounts will be ready to accept contributions from family and employers, with funds managed by private firms and invested for kids to use at age 18—tied to Trump’s tax law for a financial head start. The Dell family pledged $6.25 billion to help 25 million kids under 10 open accounts, with some low-income kids getting an extra $250. Parents can sign up anytime before their child turns 18 using IRS Form 4547, but only babies born in that window qualify for the initial government deposit.

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