Connecticut Kids Get a Financial Boost

Ray Dalio and Michael Dell Lead the Way

Ray Dalio, a well-known investor, has promised to fund investment accounts for children in Connecticut. This initiative is part of a broader plan to engage more people across the U.S.

A Head Start for Future Generations

The program aims to give every child born between 2025 and 2028 a financial head start. The government will deposit $1,000 into each child's account. Additionally, Michael Dell and his wife have pledged $6.25 billion to boost these accounts for millions of kids.

Matching Contributions and Statewide Impact

Dalio's contribution will match the Dells' donation for about 300,000 children in Connecticut. He hopes others will follow his lead and support similar projects in their own states.

Program Launch and Details

The accounts, called Invest America, are set to launch on July 4, 2026. While the details are still unclear, one thing is certain: the money will be invested in the stock market and will be available when the children turn 18. They can use it for:

• Education
• Job training
• Buying a home
• Starting a business

Aiming to Help Lower-Income Families

The program aims to help lower-income families build savings. However, its effectiveness remains to be seen. The Treasury is expected to share more details soon.