US EditionDell Family Donates $6B to Seed 25M 'Trump Accounts'
The $6.25 billion donation targets 25 million children nationwide, focusing on those 10 or younger in middle- and lower-income areas to close the wealth gap, officials said.
- On Tuesday, Michael and Susan Dell pledged $6.25 billion to seed Trump Accounts with $250 deposits for at least 25 million children age 10 and under, Invest America said.
- The One Big Beautiful Bill Act authorised Invest America, mandating $1,000 seed deposits for U.S. citizens born between Jan. 1, 2025 and Dec. 31, 2028, with contributions starting July 4, 2026.
- Families can contribute up to $5,000 per year starting July 4, 2026, to Trump Accounts that must invest in low-cost U.S. equity index funds, with withdrawals until age 18.
- The White House estimates a $1,000 federal seed could grow to $1.9 million by age 28, but experts warn the $250 Dell seed alone won't significantly impact lower-income families.
- Critics note earlier this year Trump Accounts mainly benefit better-off families, while researchers advocating automatic enrollment say success depends on Treasury Department and IRS guidance, and asset managers question fund restrictions.
358 Articles
358 Articles
Trump Accounts Offer Eligible Children $1,000: Contributions Begin 4 July 2026
Parents with children born between 2025 and 2028 will be able to claim a $1,000 government investment account through a new scheme launching on 4 July 2026. These accounts, known as Trump accounts, function similarly to retirement funds, investing in stock market indexes such as the S&P 500. However, parents must actively sign up—the money is not provided automatically. Funds in the accounts will remain locked until the child reaches the age of …
Editorial: 'Trump Accounts' give babies a boost -- but do nothing to help parents with today's costs
If you’re a parent — or considering becoming one — you likely understand that it’s a pricey prospect. Consider: The annual cost of raising a child in Illinois is an estimated $23,821 — nearly $430,000 over 18 years — according to a ...
Here’s who qualifies for the $250 bonus in their children’s Trump account
As the federal government prepares to launch the "Trump Account” program, millions of children will also be eligible for a boost. Last week, billionaires Michael and Susan Dell pledged an additional $6.25 billion to the program, which will be available to children who meet certain requirements, according to CNN.
Michael Dell net worth: How wealthy is Dell Technologies founder who just donated $6.25 billion to Trump
Michael Dell net worth: Michael Dells fortune continues to surge as tech valuations expand across the U.S. market. Bloombergs Billionaires Index places him at about $148 billion as of late 2025. Forbes real-time tracker lists him slightly higher at around $150.5 billion. The Dell Technologies founder now ranks among the top 10 to 15 richest people in the world, driven by decades of growth in cloud services, enterprise hardware and private invest…
Joe Biden Failed To Secure $6.25 Billion Donation For American Children
Michael Dell, CEO of Dell Technologies, and his wife, Susan Dell, are donating $6.25 billion to start investment accounts for at least 25 million American children. They first offered the donation to former President Joe Biden, but he did not respond. The money will fund the so-called “Trump Accounts,” a new federal program launched by the “One Big Beautiful Bill Act.” The program will start in 2026. Michael Dell, the world’s 11th-richest person…
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