'Trump accounts' could give your child up to $1,000 for free. Your top questions, answered

Business

Earlier this week, the White House — in conjunction with Michael Dell , founder and CEO of Dell Technologies , and his wife, Susan — announced one of the largest donations ever to benefit American children. The Dells' $6.25 billion pledge goes hand in hand with a new federal government program focused on early wealth building. The money will go into a new child savings account for children under 18. Those who qualify can receive a $250 grant from the Dells' commitment or a one-time $1,000

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