Dell Technologies Chairman and CEO Michael Dell and his wife, Susan, have pledged $6.25 billion to contribute $250 deposits into 25 million new, federally authorized investment accounts for children ages 10 and younger.
The donation will expand financial support for children with so-called Trump accounts, created under the Invest America Act, which was enacted in July as part of the tax and spending megabill signed into law this year. Contributions can be made starting July 4, 2026.
The tax-deferred accounts are intended to provide a financial head start through childhood access to investment accounts. The government is expected to contribute $1,000 to those opened for children born from 2025 through 2028. Beyond that, individuals may contribute up to $5,000 a year to an account. The Dells' donation will provide funds to children too old to qualify for the federal seed money earmarked for newborns.
"What inspired us most was the chance to expand this opportunity to even more children," the Dells said, noting they'll be contributing through their charitable funds. Most children 10 and younger with the accounts — too old to qualify for the $1,000 from the government — will receive $250, they said.
"Children older than 10 may benefit, too, if funds remain available after initial sign-ups," the Dells said on their foundation website.
"Our investment builds on the bipartisan leadership that made Invest America possible," they said. "It also reflects something more: the power of collective action."
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