WASHINGTON, July 5 (DC Times Online) — Michael and Susan Dell pledged $6.25 billion to help fund Trump Accounts for as many as 25 million U.S. children, a move the White House said will add $250 to each eligible child’s account and expand a new federal wealth-building program for families.
The White House said the Dell gift is aimed at children age 10 and under who live in ZIP codes with median incomes below $150,000. Trump Accounts also include a $1,000 Treasury seed contribution for U.S. citizens born between Jan. 1, 2025, and Dec. 31, 2028, with guardians retaining control of the accounts until the child turns 18.
According to the White House, account balances can later be used for education, a first home or starting a business. Contributions to the program are scheduled to begin on July 4, 2026, a date the administration tied to the nation’s 250th anniversary.
In an X post cited by Fox Business, Michael Dell called the effort a public-private partnership that gives the next generation a stake in the economy and a path to the American Dream. The White House described the Dell pledge as one of the largest direct investments ever made in American families.
