Overview
- Under the new law, the Treasury will deposit $1,000 for children born from 2025 to 2028, with accounts opening for contributions at the July 4, 2026 launch.
- The Dell commitment will add $250 each for 25 million children age 10 or younger in ZIP codes with median household incomes of $150,000 or less and for those not eligible for the Treasury seed.
- For eligible newborns, combined public and private deposits could start accounts at up to $1,250.
- Account assets must be invested in diversified, low-cost index funds, remain locked until age 18, and can be used for higher education, a first-home down payment, or starting a business.
- The White House praised the pledge and urged more donors to join as Invest America helps Treasury implement the platform, while analysts note the initiative builds long-term assets but does not relieve short-term poverty.