These Companies Have Pledged to Boost Newborns’ $1,000 Trump Accounts

Newborn babies could get an extra boost into their Trump Account from private companies.

The federally funded pilot program, created by President Donald Trump, will donate $1,000 into savings accounts for eligible American babies born between Jan. 1, 2025, and Dec. 31, 2028.​

A number of private companies have pledged to sweeten the pot for kids across America.​ Here’s a look at how your child might be able to benefit.

Contribution Match​

A long list of companies said they will match their employees’ contributions to the accounts. They include Uber, Chipotle, Comcast, Coinbase, Steak ‘n Shake, Charles Schwab, and BlackRock.

​“The President foresees a day where matching contributions to Trump Accounts will be as integral to an employee benefits package as a matching 401(k),” Treasury Secretary Scott Bessent said on Jan. 28.

​Families can deposit up to $5,000 into their child’s Trump Account each year, but the money cannot be withdrawn until the child is 18.

​“Keeping accounts locked until age 18 will require Americans to learn the art of long-term savings and compound growth,” Bessent said.

​Each account, with no additional contribution, is expected to be worth around $6,000 by the time a child is 18, and it could be worth even more if money is invested by families or companies along the way, according to data provided by the Trump administration. Adding $5,000 a year, for example, could bring the total to $271,000.

​At age 18, the account holder will have the option to withdraw money, without penalty, to buy a home, go to college, or start a business.

A single $1,000 deposit into a Trump Account at birth should grow to an estimated amount of at least half a million dollars by the age of retirement.

​Dell’s Donation

​Philanthropists Michael and Susan Dell said they will donate an additional $250 into accounts for 25 million kids growing up in low and middle-income households.

​“The first 25 million American children age 10 and under living in ZIP codes with median incomes below $150,000 will receive an additional $250,” according to a White House announcement in December.

​Their charitable commitment amounts to $6.25 billion.

​Dell is the chairman and CEO of his computer corporation “Dell Technologies,” which was founded in February 1984, when he was 19 years old.

​Connecticut

​Billionaire hedge fund manager Ray Dalio and his wife, Barbara, pledged $75 million to fund Trump Accounts for more than 300,000 children in Connecticut.

​Each child will receive an additional $250 contribution to their account.

​“By providing children with savings accounts that compound over time, we are providing them with early insights into financial literacy and a path towards financial independence,” Dalio wrote in an X post in December.

​Rewards Points

​Visa announced it will let users deposit their cash back rewards directly into their Trump Accounts.

​“That’s a big deal,” Trump said during a speech at a Treasury event held at the Andrew W. Mellon Auditorium.

​Trump added that the credit card company will make an entirely new platform to allow parents to easily transfer funds into their children’s accounts.