Dell family pledges $6.25 billion to expand ‘Trump Accounts’ for millions of U.S. children

The Dell family has pledged $6.25 billion to fund 25 million new children’s investment accounts, widening access beyond the federal newborn program and aiming to strengthen financial literacy, long-term savings, and opportunity across lower- and middle-income communities.

The Dell family, led by Michael and Susan Dell, has unveiled a sweeping $6.25 billion pledge to broaden access to children’s investment accounts across the United States. The contribution will provide $250 each to roughly 25 million children who are not eligible for the federal “Trump Accounts” created for infants born after January 1, 2025.

According to the White House, the privately funded program will initially support families living in ZIP codes with median household incomes below $150,000. Speaking alongside President Donald Trump at the announcement, Susan Dell said the initiative reflects their belief that “investing in children is the most meaningful investment any society can make.” Trump praised the commitment as “extraordinary” and said he is in discussions with other high-net-worth donors to consider similar contributions.

Michael Dell explained that the idea originated from conversations about supporting children in Texas before evolving into a nationwide initiative. He emphasized that the pledge marks the beginning of sustained engagement, not a one-off act of philanthropy.

Supporting savings, financial literacy and long-term growth

The Dell family’s foundation said the funding is expected to reach most children aged 10 and under who were born before the federal eligibility cutoff. Older children may also benefit if additional resources remain. The Dells encouraged states to expand financial literacy education to ensure families understand how investment accounts function and how to make long-term financial decisions.

Nonprofit group Invest America estimates the new pledge will reach nearly 80% of children aged 10 and under across about three-quarters of U.S. ZIP codes. The donation complements the federal newborn program under the One Big Beautiful Bill, which provides $1,000 investment accounts for children born between 2025 and 2028.

How the accounts will operate

The accounts will open on July 4, 2026, initially managed by a firm selected by the U.S. Treasury before becoming transferable to any brokerage. Families may contribute up to $5,000 annually until the child turns 18, with funds invested exclusively in low-cost index funds or ETFs tracking major U.S. stock indexes.

Financial planners note that consistent contributions and moderate market returns could result in balances approaching $191,000 by age 18. After reaching adulthood, beneficiaries may convert the accounts into IRAs, allowing savings to continue compounding tax-free.

The Dell family said they hope the initiative will broaden opportunity, strengthen communities and help young Americans build lasting financial security.