Washington, Jan 29 (NationPress) On Wednesday, US President Donald Trump introduced a significant federal program known as “Trump Accounts,” aimed at establishing a government-funded investment account for every newborn child in America. This initiative is designed to offer families a financial advantage right from birth.

During his address at the Treasury Department’s Trump Accounts Summit, Trump emphasized that the program would endow every newborn American with a financial stake in their future, ensuring that children start their lives with assets instead of debt.

The initiative entails the automatic creation of a tax-exempt investment account for each child born in the US. Trump disclosed that these accounts will receive an initial contribution of $1,000 at birth, with room for further contributions from parents, employers, states, and other benefactors.

“We will provide these personal accounts with a seed contribution of $1,000, which will accumulate and grow throughout their lives,” Trump stated, projecting that these accounts could expand to “very, very substantial numbers” over time.

The President also mentioned that families and supporters could contribute up to $5,000 each year to each account. With regular contributions, he indicated that the accounts could accumulate at least $50,000 by the age of 18, and possibly much more. “The average account could reach $100,000, $200,000, or even surpass $300,000 per child,” he added.

Describing the initiative as unprecedented, Trump projected that the program would ultimately channel trillions of dollars into the hands of young Americans over the next decade. “In the next 15 years, we’re looking at distributing $3 to $4 trillion of wealth to young Americans who otherwise would have started with nothing,” he stated.

The President linked this initiative to previous legislation he signed, which he termed a “great, big, beautiful bill,” claiming it enabled this program. He also noted broader tax reforms, such as “no tax on tips, no tax on overtime, no tax on Social Security,” all part of a pro-worker economic strategy.

Trump acknowledged substantial private-sector backing as crucial for launching the program. He revealed that Michael and Susan Dell have pledged $6.25 billion to support accounts for an additional 25 million children aged 10 and under, branding it “one of the largest private donations ever.”

Several major corporations have also committed to supporting these accounts, including Uber, Schwab, Charter Communications, Intel, Nvidia, Broadcom, IBM, and Comcast. Visa is developing a platform enabling cardholders to deposit cash-back rewards directly into these accounts, Trump reported.

Parents can activate these accounts starting on July 4 of this year via a dedicated government website. “When Trump Accounts officially launch on July 4th, every parent will have the opportunity to activate their accounts and access the funds,” he said.

In his concluding remarks, Trump framed this initiative as a defining legacy policy, stating, “Every President in modern history has left our children with nothing but debt. Under this administration, we aim to provide every child with real assets and a chance at financial independence.”

The United States has previously relied on specific tax credits and educational savings plans to assist families with children. The Trump Accounts program will represent the first universal, government-funded investment initiative for all newborns, positioning early asset ownership as a cornerstone of US family and economic policy.