On Dec. 2, President Trump announced that Michael and Susan Dell are donating $6.25 billion to expand the funding of tax-advantaged Trump Accounts, which are intended to help children save for the future. Previously, the government pledged to contribute $1,000 to accounts set up for eligible kids born between Jan. 1, 2025, and Dec. 31, 2028. Now, children age 10 and under, born before Jan. 2025, may be eligible to receive a $250 Trump Account contribution. The child must live in a ZIP code where the median income is less than $150,000, expected to be about 75% of ZIP codes. The U.S. Treasury Department administers the Trump Accounts program. Learn more: https://bit.ly/4prpGFh
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