Why Trump Accounts Are A Game-Changer For U.S. Children And Families
Michael and Susan Dell are funding investment accounts to support the financial futures of 25 million American children as part of their philanthropic efforts.
- On Tuesday, Michael Dell, CEO at Dell Technologies, and Susan Dell pledged $250 into accounts for 25 million American children, totaling a $6.25 billion donation from the Michael & Susan Dell Foundation.
- The couple partnered with the Invest America initiative known as `Trump Accounts`, under which the administration plans a one-time $1,000 grant for eligible newborns born between January 1, 2025 through December 31, 2028.
- Parents must open a Trump Account to receive a donation from the Michael & Susan Dell Foundation, and other contributors can deposit up to $5,000 tax-free annually.
- Coordinators anticipate other business leaders will follow the Dells' lead, as Brad Gerstner, CEO of Altimeter Capital, expects a `steady drumbeat` of donations from philanthropists and companies.
- As organizers aim to expand the program's reach, a number of administrative details still need to be worked out while supporters say the Dell accounts will kindle youngsters' interest in commerce.
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Billions for Kids is Proof Capitalism Works
TJ Meadows · Billions for Kids is Proof Capitalism Works Capitalism works! Michael and Susan Dell, who are preparing to give away $6.25 billion prove it. The Dells plan to provide $250 to 25 million American children age 10 and under who won’t qualify for the new “Trump accounts” – the $1,000 investment accounts the
6 Things to Know About Trump Accounts for Children, Dell Family’s $6 Billion Donation
The largest single philanthropic gift in recent U.S. history—a cool $6.25 billion—has put President Donald Trump’s new government-backed Invest America accounts for children in the spotlight. Under the program, commonly known as “Trump Accounts,” the government will provide $1,000 in seed funding for children born within a four-year period. Billionaires Michael and Susan Dell have now supersized the Trump administration’s offer, pledging $250 ea…
Altimeter Capital CEO said his and Michael Dell's 'phones were blowing up' after the 'Trump Accounts' donation
Gerstner said he expects more philanthropists and companies to announce donations.ANDREW CABALLERO-REYNOLDS / AFP via Getty ImagesBrad Gerstner helped spearhead "Trump Accounts" and said he worked with the Dells on their donation.The Altimeter Capital CEO expects a "steady drumbeat" of other donations by companies and philanthropists.Other CEOs have pledged to match investments in the accounts of their employees' children.Michael and Susan Dell'…
Trump sends out $250 checks to 25 million Americans — see if you are on the list
Trump Accounts eligibility requirements: Tech CEO Michael Dell and his wife, Susan, pledged $6.25 billion to Trump Accounts, a new tax-advantaged savings program for children. The donation provides $250 contributions to 25 million eligible kids. Parents can open accounts starting July 4, 2026, with additional $1,000 seed contributions from the US Treasury. Funds grow over time and roll into an IRA at age 18.
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