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Trump Parental Leave
Additional bonus TUI income for parents from two months before to three months after birth.

Trump Parental Leave

Additional bonus TUI income for parents from two months before to three months after birth.

Overview

An enhancement to TUI, providing bonus TUI income for a period of three months after the birth (or adoption) of a child, and two months before the birth of a child, in an amount equal to the average monthly bonus employment income for the previous 12 month period.

Both parents are eligible to receive TPL funds, while single parents will be eligible for an extended period of six months after the birth of a child.

Why?

Raising children is a rewarding experience - but one that can take a serious toll when balance work / family life. TCC ensures that every child has an abundance of educational and recreational activities throughout their childhood, regardless of their parent's financial ability to pay.

Eligibility

All US Citizens under 18 years old are eligible for TCC, and will receive $500 per month in their TCC accounts, which their parents and/or legal guardians will have access to.

Taxes

TCC funds are exempt from all taxes at all levels, including local, state and federal.

How It's Delivered

TCC funds will be made available to through a specially created TCC account at any FDIC or NCUA insured institution.

Americans may choose their preferred financial institutions to receive their children's monthly TCC funds. These are not traditional "cash" accounts - instead a debit card will be the sole means of spending. Financial institutions will not be allowed to charge any monthly or service fees on these accounts.

Spending Restrictions

  • TCC funds may only be spent at US-based merchants, for specific activities that benefit the recipient child, including educational and recreational activities. Examples include child care, child sports, child learning programs, etc.
  • TCC funds may not be given or gifted to others - and must be spent for the benefit of the recipient child.
  • TCC funds may only accumulate for a period of three years. Funds not spent within three years of deposit will be forfeited to a charitable organization selected at account creation.
  • All TCC funds must be spent by the eligible child's 18th birthday. These funds are not designed to be used for college or other adult learning opportunities.