Trump to highlight $1,000 investment accounts for newborn American children

June 9, 2025

President Trump on Monday will highlight his “Trump Accounts” proposal, which would create $1,000 investment accounts for all newborn American children as part of his sweeping tax and border security legislation. Here’s what you need to know about the investment account initiative:

The Trump Accounts proposal

Government-funded investment program for American children:

$1,000 investment accounts for newborn U.S. citizen children
Covers children born between Jan. 1, 2024, and Jan. 1, 2029
Government invests money into index fund tracking stock market
Accounts controlled and owned by child’s guardians

The investment details

How the accounts would function:

Additional contributions up to $5,000 annually allowed
Child can access funds starting at age 18
Money usable for education, purchasing home, or launching business
White House hasn’t provided total cost estimate yet

The Big Beautiful Bill

Trump Accounts part of larger legislative package:

Sweeping legislation combining tax cuts and border security
House passed the bill on May 22
Senate debate currently ongoing over the legislation
Trump wants bill signed by Fourth of July deadline

The White House event

Monday announcement designed to build support:

Event scheduled for White House State Dining Room
Aimed at bolstering support for bill and Trump Account provision
Several major CEOs attending the announcement
Event occurs as debate over legislation rages in Senate

The corporate participation

Major companies pledging investments for employees:

CEOs from Uber, Del Robinhood, and Goldman Sachs attending
Companies announcing billions in collective investments
Dell CEO Michael Dell promising dollar-for-dollar matching
Dell will match government seed investment for employee children

The CEO endorsements

Business leaders praising the account system:

Michael Dell says accounts “will compound into substantial nest eggs”
Brad Gerstner calls plan “game changer for every family in America”
Jensen Huang of Nvidia calls proposal “visionary seed fund”
Nvidia will contribute to accounts of employees’ children

The projected benefits

Financial projections for account growth:

Brad Gerstner estimates $50,000 value by age 18
Projection based on $750 additional annual savings
Contributions could come from family, employers, church, or philanthropy
Dell CEO highlights support for “education, home ownership and starting families”

The political timeline

Legislative challenges and deadlines:

Senate Republicans sparring over budget cuts and other issues
Fourth of July signing deadline potentially slipping away
Bill was passed by House on May 22
CEOs gave statements to The Washington Times praising accounts

This article is written with the assistance of generative artificial intelligence based solely on Washington Times original reporting and wire services. For more information, please read our AI policy or contact Ann Wog, Managing Editor for Digital, at awog@washingtontimes.com

The Washington Times AI Ethics Newsroom Committee can be reached at aispotlight@washingtontimes.com.

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