The effort is being powered in part by billionaire Michael Dell, who has committed an extraordinary $6.25 billion to launch the program. The Trump administration is providing additional initial funding to ensure nationwide implementation.

Under the plan, each participating child will receive a financial account established at birth. These accounts will be invested over time, giving the funds an opportunity to grow significantly by the time recipients reach adulthood.

Once a child turns 18, they will gain full access to their account balance. The expectation is that the long-term investment period will allow the funds to multiply, helping young adults begin their financial lives with meaningful resources.

Dell’s donation is specifically earmarked to cover children under the age of 10 who live in ZIP codes with average household incomes of $150,000 or less, targeting communities most likely to benefit from early financial support.

Supporters of the initiative argue that this approach offers a powerful tool for building generational wealth and expanding opportunity for young Americans across the socioeconomic spectrum.

The accounts have been officially named “Trump Accounts,” aligning them with the administration’s broader efforts to encourage savings, investment, and financial independence among future generations.

Program organizers say the initiative is designed to give children a stronger foundation as they enter adulthood, whether they choose to pursue higher education, start a business, or make other major life investments.

The rollout is scheduled to coincide with a symbolic national milestone, beginning on July 4, 2026, the date of America’s 250th anniversary.

Advocates describe the program as an ambitious step toward helping millions of children build financial stability, calling it a promising way to give the next generation a meaningful head start.