Michael and Susan Dell to donate $6.25 billion to fund Trump Accounts for 25 million U.S. kids [View all]

Last edited Tue Dec 2, 2025, 08:45 AM - Edit history (1)

Source: CNBC

Published Tue, Dec 2 2025 7:33 AM EST Updated 12 Min Ago


Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will be the largest ever devoted to American children, according to Invest America, a nonprofit advocacy group partnered with the Dells.

“It’s designed to help families feel supported from the start and encourage them to keep saving as their children grow,” Michael Dell, founder and CEO of Dell Technologies, told CNBC in an interview. “We know that when children have accounts like this, they’re much more likely to graduate from high school, from college, buy a home, start a business and less likely to be incarcerated.”

The Dells’ commitment goes hand in hand with a new federal government program that allows parents to open tax-advantaged investment accounts for children under 18 with Social Security numbers. Under the federal program, U.S. citizens born from the beginning of 2025 through 2028 will receive a federal grant of $1,000 to seed those so-called Trump accounts. Parents will be able to open and contribute to these accounts starting on July 4, 2026, with IRS guidance yet to be issued.

The Dells have committed to seed Trump accounts with $250 for children who are 10 or under who were born before Jan. 1, 2025. According to Invest America, the pledged funds will cover 25 million children age 10 and under in ZIP codes with a median income of $150,000 or less. “We want to help the children that weren’t part of the government program,” Dell said.

Read more: https://www.cnbc.com/2025/12/02/michael-susan-dell-trump-accounts.html

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And I expect not one family or kid will see a dime. It'll be grifted away for some real estate venture while there will be "problems" with whatever database and website they set up.

People don't even have enough money for food or rent/mortgage. Many are rapidly going into debt and will have ZERO to "save". They are spending MORE for less thanks to tariffs.