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Rapid Response 47 @RapidResponse47 - Video: .@MichaelDell and Susan Dell deliver remarks from the White House upon announcing one of the largest private investments in American children in history: 
"We believe the smartest investment that we can make is investment in children, and this Act has created a platform for families, and friends, and communities, and companies, and philanthropist to contribute to these accounts to create a savings, and opportunity, and hope, and prosperity for tens of millions of children in this country."
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Rapid Response 47 @RapidResponse47 @POTUS: In honor of America’s 250th anniversary, @MichaelDell and Susan Dell are announcing today that they are giving 25 MILLION American children $250 dollars each to save and to invest in their personal Trump account. That's the equivalent of $6.25 billion.
https://x.com/RapidResponse47/status/1995950300956344819

Rapid Response 47 @RapidResponse47 - TRUMP ACCOUNTS:
— What is a Trump Account?
A Trump Account is a tax-deferred savings account for children under 18. The accounts are designed to grow with investment earnings over time, and when the child becomes an adult, the accounts generally function like a traditional IRA.
— Who is eligible?
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.
— What is the $1,000 government contribution?
The parent or guardian of a child born between calendar year 2025 and 2028 who is a U.S. citizen with a valid Social Security number may choose to have a one-time $1,000 contribution made by Treasury to the child’s Trump Account. This contribution does not count against the annual $5,000 contribution limit. This benefit is available for these children so long as the account is opened before the year in which the child turns age 18.
— Do Trump Accounts protect taxpayer dollars by preventing waste, fraud, and abuse?
Trump Accounts are built with strict safeguards to protect taxpayer funds, including requiring a valid Social Security number and limiting the one-time $1,000 pilot contribution exclusively to U.S. citizens born between calendar years 2025 and 2028, ensuring this benefit goes only to eligible American children.
— Who can contribute to a Trump Account?
Children, parents or guardians, grandparents, family members, friends, and employers (with the first $2,500 per employee per year excluded from the employee’s income) may make contributions. Additionally, qualifying charitable organizations and government entities (e.g., states, tribes, localities, etc.) may make contributions for all children in a “qualified class” (e.g., all children born in a year, all children in a state, all children nationwide, etc.).
— How much can be contributed each year?
The annual contribution limit is $5,000 total per child, with cost-of-living increases after 2027. Qualifying charitable organizations and government entities may make additional contributions that do not count toward the $5,000 limit.
— When do contributions begin?
Contributions to Trump Accounts will be accepted starting July 4, 2026.
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