You may have heard in the last couple of weeks about these new savings and investment accounts

for kids known as Trump accounts. They recently got a big boost from a philanthropic donation

that's among the largest ever delivered directly to Americans. The accounts are first expected

to open next May. And the question is, can they deliver the benefits over the long haul

that are being promoted? Our economics correspondent, Paul Solman, dug into that question.

Trump accounts will be the first, I guess you could say, real trust funds for every American

child. To which tech billionaire Michael Dell added,

we believe the smartest investment that we can make is an investment in children.

So what exactly are these so-called Trump accounts?

Part of this year's one big beautiful bill act,

their tax-advantaged savings accounts available for every American child up to the age of 18,

and parents can put in up to $5,000 annually. For kids born between 2025 and 2028, Uncle Sam salts away $1,000, no matter what

parents do. And all parents have to do is opt-in through a tax form. Moreover, other philanthropists, employers, and

states are invited to add to the accounts as well. Susan and husband Michael Dell are the first

philanthropic contributors of many Brad Gersner thinks. Moms and dads adding five, 10 bucks a week,

you know, kids saving a little money in the summertime.

Philanthropists like the Dells, states like the state of Texas that said they're going to add

$1,000 to these accounts. Silicon Valley entrepreneur Brad Gersner helped make the idea a reality.

The objective here is to get the 70% Americans who feel left out and left behind by capitalism

into the game to make everybody a capitalist from birth sharing in the great upside of the American economy.

U.S. savings bonds. Now watch how they grow.

Now putting money away for a kid was pretty common back when folks like me and Teresa Gilarducci were babes in the

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