# Trump Accounts Launching for Kids | Durham News

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Text version: https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659/trump-accounts-launching-for-kids-durham-news.md
Podcast: [Durham News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/durham-news-today-2-min-news-the-daily-news-now-7569659)
Published: 2026-07-03T10:40:32+00:00
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Duration seconds: 106

## Resource

Starting July 4th, every child born in the U.S. between January 1, 2025, and December 31, 2028, will get $1,000 in a new government-backed “Trump Account” designed to grow through smart investments. Parents can sign up via IRS Form 4547, and family, friends, and even corporations can contribute up to $5,000 annually per child—with tax breaks for donors. Major companies are already matching contributions, and private donors are stepping in too. The money, invested in broad index funds, is locked until age 18, then can be used for education, homebuying, or starting a business—no penalties. It’s a bold, long-term savings plan with big potential. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/aa37ab4cc028223d

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## Transcript

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