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Rap and hip hop icon Nicki Minaj appeared alongside President Donald Trump at the Trump Accounts Summit in Washington, D.C., on Wednesday to pledge hundreds of thousands of dollars toward the administration’s new savings initiative. The “Super Bass” artist is set to contribute an estimated
$150,000 to $300,000 toward the accounts of her fans’ children, with the
final figure to be determined by the scale of the rollout.
During the event, the 43-year-old artist declared herself President Trump’s “number one fan” while committing her support to the program, which provides a $1,000 initial investment into savings accounts for American children born between 2025 and 2028.
During the summit on Wednesday, President Trump invited Minaj to the stage, noting with a smile that the news of her attendance had sparked major excitement from one of his daughters.
Minaj drew personal inspiration for the pledge from her journey as a mother to her five-year-old son, expressing a desire to provide other parents with the same financial peace of mind.
All children born between January 1, 2025, and December 31, 2028, will be eligible to receive an initial investment of $1,000 from the Treasury Department when opening a Trump retirement account to “jumpstart the American Dream,” according to the official website. Under the program, parents may contribute up to $5,000 annually until the child turns 18, while employers can provide matching contributions of up to $2,500 per year. Even without private deposits, the account is designed to grow independently. While the funds are typically preserved for the child’s adulthood, the program allows for flexible access when necessary. According to the official Trump Accounts platform, these accounts mirror the tax advantages of a traditional IRA. The capital is automatically invested in American equities, with a dedicated app providing real-time transparency into specific stock holdings and portfolio performance. Projections from the administration suggest significant long-term growth: a baseline $1,000 investment — with no further contributions — could grow to approximately $5,800 by age 18, and potentially reach $200,000 by age 55 if left to compound. |
Thursday, January 29, 2026
Trump Accounts Summit: Nicki Minaj pledges hundreds of thousands to support her fans’ children amid GOP admin's new savings initiative
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