Billionaires Michael and Susan Dell announced that they will donate $6.25 billion to accounts for 25 million children through President Trump’s investment program. Each account will receive $250. The investment, specifically for children aged 10 and under, may also benefit older children if funds remain available.
The Dells explained that because children are the future of the nation, they have committed to backing an initiative that “gives every American child under 18 access to a tax-advantaged investment account from birth, one their family can activate and contribute to over time, and one that grows alongside them.”
“Even better, 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,” the Dells said in a press release. “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.”
“From our years of experience in supporting education, health, and financial stability programs, we know that this program will give young Americans more than a savings account. It will give them momentum,” the Dells added. “It will give them confidence and opportunity.”
Trump Accounts, as described under the “One Big Beautiful Bill,” allow children born after December 31, 2024, and before January 1, 2029, to “receive an initial $1,000 deposit from the government, with the potential for parents to contribute up to an additional $5,000 per year initially,” the White House said in August.
“Employers may make an annual contribution of up to $2,500 to a Trump Account and that contribution will not impact the employee’s taxable income,” the White House explained.
Responding to the announcement in a statement on Truth Social, President Trump declared, “TWO GREAT PEOPLE. I LOVE DELL!!! President DJT”
