Federal government would give $1,000 to your baby. What we know

All babies born between 2025 and 2028 will get a gift from Congress and President Donald Trump: a $1,000 deposit into a “Trump Account.”

Michael Dell, CEO of Dell Technologies, is contributing more than $6 billion to the program, adding another $250 to each account.

More details will be released but here's what is known so far.

All babies born between 2025 and 2028 will get a gift from Congress and President Donald Trump: a $1,000 deposit into a “Trump Account .”

That starting balance is also expected to be a little bigger.

Michael Dell, CEO of Dell Technologies, is contributing more than $6 billion to the program, which should boost the value of about 25 million accounts by $250, according to a Dec. 2 announcement.

➤ 'Trump Accounts' for kids just got a $6B boost. How can y