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Savings Program

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politics1 month ago

Dell’s $6.25 Billion Donation to Fund 'Trump Accounts' for U.S. Children

President Trump introduced the 'Trump Account' program, supported by a $6.25 billion donation from Michael and Susan Dell, which provides federal and private funding for children's savings accounts aimed at education, home buying, or starting a business, with eligibility based on income and citizenship, but critics argue it adds complexity and is regressive compared to existing savings options.