Michael and Susan Dell donate $6.25bn to encourage families to claim ‘Trump Accounts’

The Guardian - World NewsCenter-LeftEN 4 min read 100% complete by Associated PressDecember 2, 2025 at 04:12 PM

AI Summary

medium article 4 min

Michael and Susan Dell have pledged $6.25 billion to encourage families to utilize "Trump Accounts," investment accounts for children created as part of recent US tax legislation. The Dells' donation, announced on GivingTuesday, aims to deposit $250 into the accounts of 25 million American children under 10 who are not covered by the initial federal program. The "Trump Accounts," managed by private companies through the Treasury Department, are slated to launch on July 4, 2026. The government plans to contribute $1,000 into Trump Accounts for each child born between 2025 and 2028. The funds can be withdrawn at age 18 for education, home purchase, or starting a business. The Dells hope their contribution will incentivize families to claim the accounts and add their own funds.

Key Entities & Roles

Key Player Opposition Context

United States ×250% Donald Trump ×360% Susan Dell ×270% Michael Dell ×480%

Keywords

trump accounts 100% michael and susan dell 90% investment accounts 90% children 80% donald trump 70% charitable giving 70% philanthropy 60% index fund 50% wealthy americans 40%