Trump Accounts: Dells Donate $6.25B for Kids' Financial Future
Update: 2025-12-04
Description
Trump administration introduces Trump accounts for childrens financial future. Michael Dell and wife donate $6.25 billion to seed 25 million accounts with $250 each. Accounts available for children born between 2024-2029, with parents managing until age 18. Dells donation targets children born between 2016-2024 in low-income zip codes. Beneficiaries can withdraw funds at 18 for college expenses, gain full control at 30. Parents can contribute up to $5,000 annually, invested in low-cost US stock index funds.
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