Investment Accounts for Babies Are Coming. Wall Street Can’t Wait.

The Journal.

The Wall Street Journal

Daily News, Business News, News

4.2 • 5.3K Ratings

🗓️ 10 December 2025

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Starting next year, babies born from 2025 to 2028 can receive $1,000 to start investment accounts. The initiative has gotten corporate America excited, with financial institutions vying for a role in the program, and philanthropists like Dell Technologies CEO Michael Dell pledging billions of dollars in donations. WSJ’s Alexander Saeedy unpacks how the accounts work and why Wall Street is buzzing about them. Jessica Mendoza hosts. Further Listening: - Closing the Wealth Gap With a Trust Fund for Babies - The Nvidia CEO’s Quest to Sell Chips in China - Inside Intel's Deal With the U.S. Government Sign up for WSJ’s free What’s News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Last week, Michael Dell, the CEO of Dell Technologies, made a big announcement.
0:11.0	Thank you, Mr. President. It's a great honor to be with you here in the White House.
0:17.0	Dell and his wife, Susan, revealed that they would be donating more than $6 billion
0:21.7	towards a new government program. Susan and I are super excited to announce our $6.25 billion
0:29.7	gift to 25 million American children, 10 and under. The contribution would dramatically expand a new tax-advantaged account for minors, known as Trump accounts.
0:43.3	Trump accounts.
0:44.3	Trump accounts.
0:45.3	Trump accounts.
0:46.3	The families that opt in will receive a one-time payment of $1,000.
0:50.3	They must invest in diversified, low-cost U.S. stock index funds.
0:55.0	I talked to our colleague Alexander Saidi about this.
0:58.0	What is a Trump account?
1:00.0	It's an IRA for babies through a very small seed investment of $1,000 for any child born,
1:10.0	you know, between the beginning of 2025 and the end of 2028.
1:14.7	Babies who are U.S. citizens born between 2025 and 2028 are eligible for a $1,000 grant from the federal government
1:22.4	to be invested in a tax-advantaged account for their future.
1:28.6	The program was signed into law last summer as part of Trump's big, beautiful bill,
1:33.4	and it's set to launch in early 2026.
1:36.5	Alex says that from the jump, corporate America wanted to be a part of it,
1:40.6	not just philanthropist billionaires like Michael Dell,
1:43.5	but also banks and brokerages that see a major opportunity in participating in the program.
1:48.7	The idea is to have multiple private institutions offering Trump account rollovers
	...

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