Recently, Dell founder Michael Dell and his wife Susan announced thatWill donate $6.25 billion to help most American children open investment accounts.According to the Dells, the donation builds on Trump’s “Invest in America” plan in the “Big and Beautiful” bill.
Establish a $1,000 tax-deferred investment account, also known as a "Trump account," for all American children born during 2025.
The Dells’ $6.25 billion donation will be handed over to the U.S. Treasury Department.It will be used to open accounts for 25 million children "10 years old and younger who are not eligible for government funds." Each newly established account will be infused with $250.
Michael Dell said his plan would prioritize areas where the median household income is less than $150,000 and is expected to eventually benefit 80% of American children in the same age group.
"If kids have accounts like this, they're more likely to graduate from high school, graduate from college, buy a home, start a business, and they're less likely to go to jail," Dyer said.
