Overview
- Ray and Barbara Dalio will contribute $250 to about 300,000 Connecticut children in ZIP codes with median incomes below $150,000, a pledge of roughly $75 million tied to the 50 State Challenge.
- trumpaccounts.gov went live with enrollment guidance, including IRS Form 4547 for parents to elect accounts, with private contributions slated to begin on July 4, 2026.
- Michael and Susan Dell previously committed $6.25 billion to add $250 to the accounts of 25 million children age 10 and under in ZIP codes meeting the same income criterion.
- Companies are beginning to line up support, with BlackRock and BNY announcing matches for employees’ children as the administration solicits state and philanthropic participation.
- Children born from 2025 to 2028 qualify for a one‑time $1,000 Treasury deposit, growth‑period investments are limited to broad U.S. equity index funds with fees at or below 0.1%, non‑qualified contributions are capped at $5,000 per year, employer contributions are excludible up to $2,500, and funds generally remain inaccessible until age 18.