Billionaires may donate company stock to children's Trump Accounts
Updated
Updated · USA TODAY · May 6
Billionaires may donate company stock to children's Trump Accounts
10 articles · Updated · USA TODAY · May 6
The proposal could let figures such as Elon Musk or Jensen Huang contribute Tesla or Nvidia shares to roughly 5 million enrolled children’s accounts.
That would mark a major shift from current rules, which limit contributions before age 18 to cash invested in low-cost, mostly US stock index funds.
Trump Accounts launch on 5 July 2026, with $1,000 federal seed money for eligible children born from 2025 to 2028 and broader philanthropic and employer pledges already expanding the programme.
What challenges might arise in valuing and managing donated company shares for millions of new child investors?
How will allowing direct stock donations to Trump accounts impact the long-term growth and accessibility of these accounts for children from low-income families?