Lincoln Gerstner
51 posts

Lincoln Gerstner
@LincGerstner
Student. Athlete. Learning fast but a long way to go. Optimist on America.

If California’s problem is spending, not revenue, would the proposed “Billionaire Tax” solve anything? Hoover Senior Fellow @joshrauh breaks down the math around California’s $93 billion deficit. Read Hoover research on the impacts of the tax proposal: hoover.org/news/californi…


Every child under 18 should claim their @TrumpAccounts NOW. It takes 1 min to guarantee that your child does not get left behind! Millions have already claimed their account. 🇺🇸🚀 @altcap @MichaelDell @WhiteHouse

Since there's so much misinformation on Trump Accounts, here's what you need to know: -Newborns born 2025-2028 get a $1,000 government seed that compounds until they're 18, at which time the account becomes theirs. -Kids age 10 and under born BEFORE 2025 get $250 from Michael and Susan Dell's private donation (not government money) if they live in ZIP codes where median income is below $150,000. -Kids 11+ may qualify for the Dell $250 if funds remain after initial sign-ups. -Kids who get the $1,000 government seed are NOT eligible for the Dell $250. -ANY child under 18 can have a Trump Account opened for them, but only kids born 2025-2028 get the government seed. -Parents, grandparents, relatives, friends, employers, and charities can all contribute to the accounts along the way. -Individuals can contribute up to $5,000/year total per child (this includes up to $2,500 from employers through cafeteria plans). There are some great financial planning strategies around this. -Charitable contributions (like the Dell's $250) don't count toward the $5,000 limit. -To register and get the $1,000 government seed, you need to fill out IRS Form 4547. -The form can be filed with your 2025 tax return, or online at trumpaccounts.gov starting mid-2026. -If you have a newborn born in 2025-2028, check box III on Form 4547 to claim the pilot program contribution. -Accounts go live July 5, 2026. The $1,000 seed gets deposited then and is automatically invested in low-cost U.S. stock index funds. -No withdrawals allowed until age 18, then normal IRA rules apply. -BONUS STRATEGY: Convert the account to a Roth IRA when your child turns 18. They'll likely be in a very low tax bracket, so you pay minimal taxes now for decades of tax-free growth.














A MASSIVE step for Invest America. The Dell Foundation just showed what it looks like when corporate wealth is put to work for the next generation. This is long overdue- and exactly the precedent we need. Thank you @MichaelDell and @SusanDell for leading🇺🇸🇺🇸


Amazing bi-partisan, joint letter from @tedcruz & @CoryBooker calling on all business leaders to contribute to the 50+ million kids accounts set up over next 6 months under the Invest America Act (aka Trump Accounts). 🇺🇸🚀



🚨 @POTUS: In honor of America’s 250th anniversary, @MichaelDell and Susan Dell are announcing today that they are giving 25 MILLION American children $250 dollars each to save and to invest in their personal Trump account. That's the equivalent of $6.25 billion. 🔥
