President Donald Trump says Michael Dell brought him the giving kids $1,000 investments shortly after birth.
The Big Beautiful Bill included that provision from 2025 through 2028.
The money will be invested in stock market index funds with earnings deferred until withdrawal, allowed at age 18.
Parents are not allowed to raid the accounts.
Now comes Michael Dell and his wife offering S6.25 billion for $250 to children ten and under.
Beneficiaries will be about 25 million American children, born before this year, who live in areas where the median income is $150,000 or less.
Both parents must had Social Security numbers.
Eligible kids will automatically receive $250 in the Trump accounts their parents set up, the Dells said.
Winners include
- Algonquin 60102 $128,070
- Cary 60013 $115,833
- Crystal Lake 60012 $147,352
- Crystal Lake 60014 $104,657
- Fox Lake 60020 $71,028
- Fox River Grove 60021 $122,005
- Harvard 60033 $72,298
- Hebron 60034 $96,705
- Huntley 60142 $87,286
- Lake in the Hills 60156 $113,491
- Marengo 60152 $94,209
- McHenry 60050 $86,315
- McHenry 50051 $104,227
- Richmond 60071 $77,593
- Spring Grove 60081 $116,278
- Union 60180 $110,703
- Wonder Lake 60097 $90,865
- Woodstock 60098 $92,749
Losers will be kids in
The tax-free accounts can be supplemented by families and employers.
