New York City, December 7, 2025
Michael and Susan Dell have pledged $6.25 billion to the ‘Trump Accounts’ initiative, which aims to provide financial investment accounts for American children. The donation will benefit approximately 25 million children under 10, offering them $250 each to help build a financial foundation. The program, part of the One Big Beautiful Bill Act, will officially launch on July 4, 2026, allowing contributions to grow tax-deferred until the children turn 18. Eligibility requires children to be under 10 and from families with specific income guidelines.
Michael and Susan Dell Contribute $6.25 Billion to ‘Trump Accounts’ Initiative
New York City, December 7, 2025 — Michael and Susan Dell have pledged $6.25 billion to fund “Trump Accounts,” a federal initiative aimed at providing American children with investment accounts to support their future financial needs. This substantial donation is set to benefit approximately 25 million children under the age of 10, offering each a $250 contribution to kickstart their savings.
Details of the ‘Trump Accounts’ Initiative
The “Trump Accounts” program, established under the One Big Beautiful Bill Act, is designed to provide every American child with a financial foundation. Children born between January 1, 2025, and December 31, 2028, will have an initial $1,000 deposited into each account by the U.S. Treasury. Additionally, parents, relatives, and employers can contribute up to $5,000 annually, with funds growing tax-deferred and accessible at age 18 for purposes such as education, homeownership, or starting a business.
Michael and Susan Dell’s Contribution
Recognizing that children born before 2025 are ineligible for the federal $1,000 deposit, the Dells’ donation aims to extend the program’s benefits to an additional 25 million children under 10. Their $6.25 billion contribution will provide each qualifying child with a $250 deposit, effectively seeding their investment accounts. This initiative is expected to launch on July 4, 2026, coinciding with the 250th anniversary of U.S. independence.
Program Eligibility and Activation
To qualify for the Dells’ contribution, children must be 10 years old or younger and reside in ZIP codes with a median household income of $150,000 or less. Families will need to activate the accounts to receive the funds, with full account details and mechanisms for sign-up to be disclosed by July 4, 2026.
Background on the ‘Trump Accounts’ Program
The “Trump Accounts” initiative is part of a broader effort to promote long-term financial security and literacy among future generations. While the program has garnered support for encouraging savings and wealth-building from an early age, some critics argue that it does not immediately address childhood poverty and may deepen wealth inequality, as affluent families are more likely to maximize contributions.
Conclusion
The Dells’ historic donation underscores a significant commitment to enhancing financial opportunities for American children. By seeding investment accounts with $250 each, they aim to empower families to build a stronger financial foundation for their children’s futures. Initiatives like these highlight the importance of private investment and entrepreneurial spirit in shaping the economic landscape for the next generation.
Frequently Asked Questions (FAQ)
What are ‘Trump Accounts’?
‘Trump Accounts’ are investment accounts established under the One Big Beautiful Bill Act, providing American children with a financial foundation for their future needs.
Who is eligible for the Dells’ $250 contribution?
Children who are 10 years old or younger and reside in ZIP codes with a median household income of $150,000 or less are eligible for the Dells’ $250 contribution.
How can families activate the ‘Trump Accounts’?
Families will need to activate the accounts to receive the funds. Full account details and mechanisms for sign-up will be disclosed by July 4, 2026.
When will the ‘Trump Accounts’ program launch?
The ‘Trump Accounts’ program is scheduled to launch on July 4, 2026, coinciding with the 250th anniversary of U.S. independence.
What can the funds in ‘Trump Accounts’ be used for?
Funds in ‘Trump Accounts’ can be used for education, homeownership, or starting a business once the child turns 18.
Key Features of the ‘Trump Accounts’ Program
| Feature | Description |
|---|---|
| Initial Deposit | $1,000 from the U.S. Treasury for children born between January 1, 2025, and December 31, 2028. |
| Additional Contributions | Parents, relatives, and employers can contribute up to $5,000 annually. |
| Fund Growth | Funds grow tax-deferred and are accessible at age 18. |
| Usage of Funds | Can be used for education, homeownership, or starting a business. |
| Dells’ Contribution | $250 for each qualifying child under 10 residing in specific ZIP codes. |
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