Dell family commits $6.25B for ‘Trump Accounts’ for kids

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(NewsNation) — The family behind Dell Technologies is contributing $6.25 billion to government-funded investment accounts for children.

The investment from Dell founder Michael Dell and his wife, Susan Dell, will add $250 to so-called “Trump Accounts” for 25 million children under 10 years old, USA Today first reported.

“TWO GREAT PEOPLE. I LOVE DELL!!!” Trump wrote on social media following the announcement.

The Dells’ investment aligns with the administration’s plans for $1,000 accounts for children born between Jan. 1, 2025, and Dec. 31, 2028. Those eligible for the Dell funds must be born before Jan. 1, 2025, NewsMax reported.

Children can access “Trump Account” funds upon reaching adulthood.

Parents can contribute up to $5,000 annually to the account, while employers can also contribute up to $2,500 tax-free, though neither is required to do so.

“The One Big Beautiful Bill’s Trump Accounts are a revolutionary investment by the federal government into the next generation of American children. It’s also President Trump’s call to action for American businesses and philanthropists to do their part, too – Michael and Susan Dell’s $6 billion investment into America’s children is the first of many announcements to come for America’s children,” a White House spokesperson told NewsNation.

NewsNation’s Alicia Nieves and Jeff Arnold contributed to this report.

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