A $6.25 billion commitment from philanthropists Michael and Susan Dell will inject additional capital into “Trump Accounts,” a new federal savings initiative aimed at American children.
President Trump announced the donation today, outlining how the private funds will supplement the government-backed investment program created under the Working Families Tax Cuts Act.
While the base program offers a one-time $1,000 Treasury contribution to U.S. citizens born between 2025 and 2028, the Dell gift targets older children and specific income brackets.
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According to the announcement, the first 25 million children age 10 and under living in ZIP codes with median incomes below $150,000 will receive a supplementary $250 deposit.
The accounts are designed as tax-deferred vehicles similar to IRAs. Funds are invested in broad U.S. equity index funds and generally remain inaccessible until the child turns 18.
Families and other contributors can add up to $5,000 annually beginning in July 2026, with the administration projecting significant compound growth for fully funded accounts over time.
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