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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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CNN broke the news in Atlanta, United States on Wednesday, December 3, 2025.
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