A landmark $6.25 billion commitment from philanthropists Michael and Susan Dell was unveiled by the White House, marking one of the largest direct investments ever made in American families. The unprecedented gift will dramatically accelerate the rollout of Trump Accounts, the new children’s savings initiative created through the Working Families Tax Cuts Act.
President Trump joined the Dells and top lawmakers to celebrate what he called “a truly historic moment for America’s kids.” He praised the billionaire couple for what he described as “an extraordinary act of patriotism and generosity that will change millions of young lives.”
Trump Accounts will be available to every U.S. citizen born between January 1, 2025, and December 31, 2028. Each account begins with a $1,000 government seed contribution, and families may add up to $5,000 per year, with funds invested in broad U.S. stock-market index funds. If fully funded and untouched, an account could grow to nearly $1.9 million by age 28. Teens can begin accessing the funds at 18.
Thanks to the Dell gift, 25 million American children age 10 and under living in ZIP codes with median incomes below $150,000 will receive $250, boosting savings for millions of low- and middle-income households. Trump called the gift “a game-changing lift for hardworking families who deserve the same opportunities as anyone else.”
Parents and guardians may begin establishing accounts in May 2026, with contributions accepted starting July 4, 2026. Accounts will initially be held with Treasury’s designated financial agent before becoming transferable to private brokerage firms. They will grow tax free.
Michael Dell started building computers at age 19 in his University of Texas dorm room and built a multibillion-dollar fortune in the technology space.