Michael Dell, founder and CEO of Dell Technologies, and his wife, Susan Dell, announced Tuesday that they will contribute a staggering $6.25 billion to seed new investment accounts for 25 million American children.
The move cements the launch of Trump Accounts, a cornerstone in President Donald Trump’s vision of “economic opportunity for all.”
Under the new law passed as part of the sweeping One Big Beautiful Bill Act earlier this year, each child born in the U.S. between January 1, 2025, and December 31, 2028, will automatically receive a $1,000 government-seeded account.
But that’s not all: by tapping the “Trump Accounts” infrastructure, the Dells’ donation will deliver an extra $250 deposit into the accounts of 25 million children, children under age 10 whose families meet certain income criteria.
According to a statement issued by their foundation:
“Beginning next year, the U.S. Treasury will contribute $1,000 to the Invest America account of every baby born on or after January 1, 2025.
This automatic $1,000 deposit by the federal government gives every American newborn a transformative head start. These investment accounts are simple, secure, and structured to grow in value through market returns over time.
At age 18, these young Americans can have a financial foundation for continued education, job training, home ownership, or future savings. It’s a simple yet very powerful idea.
What inspired us most was the chance to expand this opportunity to even more children.
Through our charitable funds, we are thrilled to be contributing $6.25 billion to seed 25 million additional accounts with $250 each.
These deposits will reach the accounts of most children age 10 and under who were born prior to the qualifying date for the federal newborn contribution.
Children older than 10 may benefit, too, if funds remain available after initial sign-ups. It is an incredibly practical and direct step to help families begin saving today.”
Trump announced the contribution on Tuesday, stating, “Michael and Susan came to see me… they said, you know, this is an idea. I said, ‘I think it sounds so good and so unique. But that is why he has been so successful and they have been so successful in life and in business, because they’re unique.”
“Trump Accounts will be the first, I guess you could say, real trust funds for every American child.”
NEW: Michael and Susan Dell pledge over $6 Billion to seed “Trump accounts” for 25 million American children.
The money will help kids pay for education, starting a business or a down payment on a house after they turn 18.
The program is an expansion of the “Trump accounts”… pic.twitter.com/6r97w9D6NZ
— Collin Rugg (@CollinRugg) December 2, 2025
More from CBS News:
Sign-ups are slated to begin on July 4, 2026, with parents and caregivers needed to activate the accounts. The Department of Treasury will seed the accounts with $1,000 per child, while parents, friends and others can also contribute up to $5,000 per year.
Signing up will be easy, according to details released by the Trump adminstration on Tuesday. Parents or guardians will need to file an IRS Form 4547, a one-page document that asks for basic information such as a child’s home address and Social Security number, to activate the account.
The accounts are limited to investing in broad U.S. stock funds that track the overall market, such as a S&P 500 fund, don’t use leverage and charge no more than 0.1% in annual fees. Parents can make elections for their children’s accounts at trumpaccounts.gov.
The accounts are locked until the child turns 18, at which point the funds may be used for qualified expenses, which include:
- Education, such as college tuition or professional training
- Homeownership via a down payment on a first home
- Entrepreneurship, or the funds to start a business
When children turn 18, they may also opt to keep the money in the account and continue to invest.
Jim Hᴏft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016.
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