Michael & Susan Dell Pledge $6.25 Billion to Trump Accounts for 25 Million Kids

Billionaire tech mogul Michael Dell and his wife Susan have committed a staggering $6.25 billion to a new federal initiative. The pledge will fund investment accounts for millions of American children. The program is a key part of former President Donald Trump’s “Invest America” plan.The commitment represents one of the largest single philanthropic gifts tied to a federal program. According to NPR, Michael Dell stated the goal is to give children a vital head start on saving for their future.

How the Trump Accounts Program Works

The “Trump Accounts” program was established under the One Big Beautiful Bill Act. The U.S. Treasury will seed each account with $1,000 for children born between 2025 and 2028. These funds must be invested in a broad market index fund.Children can access the money when they turn 18. It can be used for education, job training, a first home, or starting a business. The Dell’s $6.25 billion gift will add an extra $250 to each of 25 million accounts.Their donation targets children in the greatest need. It is specifically directed to kids living in ZIP codes with a median income below $150,000. The Dells estimate this will help nearly 80% of eligible children nationwide.

Eligibility and Impact of the Landmark Gift

To receive the Dell gift, children must meet specific criteria. They need a valid Social Security number and must be 10 years old or younger. They also must have been born before January 1, 2025.Susan Dell asked parents to mark a key date on their calendars. She said July 4, 2026, is when families can begin claiming the accounts for their children. This structured rollout aims to ensure an orderly process.The long-term financial impact could be significant. With decades of compound growth, these seeded accounts could grow into substantial sums. The program aims to build generational wealth for low and middle-income families.

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This $6.25 billion pledge fundamentally transforms the scale of the new Trump Accounts initiative. The massive injection of private capital sets a powerful precedent for public-private partnership in wealth building.

Info at your fingertips

Q1: What exactly are Trump Accounts?

Trump Accounts are a new federal savings program. They provide $1,000 investment accounts for children born from 2025 to 2028. The money grows tax-free and can be used for education or a first home at age 18.

Q2: Who qualifies for the additional $250 from the Dells?

The Dell gift targets children in lower-income areas. Qualification is based on the median income of the child’s ZIP code. The family’s income must be below $150,000 to be eligible for the extra funds.

Q3: When can parents access these accounts?

Parents can start the claim process on July 4, 2026. The funds themselves are locked until the child turns 18 years old. At that point, the child can use the money for approved expenses like college or job training.

Q4: What is Michael Dell’s net worth?

Michael Dell has an estimated net worth of approximately $150 billion. He is the founder and chairman of Dell Technologies. His wealth makes him one of the richest individuals in the world.

Q5: How is Susan Dell involved in philanthropy?

Susan Dell co-founded the Michael & Susan Dell Foundation in 1999. The foundation focuses on education, health, and family economic stability. Her estimated net worth is reported to be several billion dollars.