Michael Dell, founder and CEO of Dell Technologies, and his wife, Susan, have pledged $6.25 billion to support a new federal savings initiative for children known as “Trump accounts.”

The program was created under the One Big Beautiful Bill Act, which President Donald Trump signed into law on July 4.

The program provides every child born between Jan. 1, 2025, and Dec. 31, 2028, with a one-time $1,000 government deposit at birth.

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Families can open an account once the child receives a Social Security number, and withdrawals are prohibited until the child turns 18.

Parents and relatives may contribute up to $5,000 per year, with the limit subject to potential inflation adjustments after 2027.

BREAKING: President Trump just announced TENS OF MILLIONS of children will be receiving up to $1,000 each funded by a donation from billionaire Michael Dell and seed money from the Trump admin

Dell has donated $6.25 BILLION towards the effort ❤️

At 18, Americans will then… pic.twitter.com/JyydhO4zkx

— Nick Sortor (@nicksortor) December 2, 2025

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In a statement explaining their contribution, the Dells said, “These investment accounts are simple, secure, and structured to grow in value through market returns over time. At age 18, these young Americans can have a financial foundation for continued education, job training, home ownership, or future savings. It’s a simple yet very powerful idea.”

They added that the long-term growth potential of the program was a key factor in their decision to support it.

“Through our charitable funds, we are thrilled to be contributing $6.25 billion to seed 25 million additional accounts with $250 each. These deposits will reach the accounts of most children age 10 and under who were born prior to the qualifying date for the federal newborn contribution,” the couple said.

$6.25 billion. 25 million children. $250 each.

Susan and I believe the smartest investment we can make is in children. That’s why we’re so excited to contribute $6.25 billion from our charitable funds to help 25 million children start building a strong financial foundation… pic.twitter.com/4Bcv3RKp0q

— Michael Dell (@MichaelDell) December 2, 2025

The announcement comes as President Trump is expected to release additional details about the program on Tuesday.

Treasury projections show that the federally backed “Trump accounts” could grow substantially over time.

According to the Treasury Office of Tax Analysis, a fully funded account left untouched could reach as much as $1.9 million by age 28 through compound growth.

Treasury estimates also show that even under less optimistic scenarios, a fully funded account could reach nearly $600,000 by age 28.

For accounts that receive only the initial $1,000 federal deposit with no additional contributions, projections indicate the savings could grow to between $3,000 and $13,800 over an 18-year period.

The program aims to provide a long-term financial foundation for participating children as they reach adulthood, with the potential to support education, home ownership, job training, or other major life expenses.

JUST IN: It’s been confirmed that Trump Accounts can grow to $191,000 THOUSAND dollars from age 0 to 18, and then to over $2 MILLION up to retirement, with the maximum contribution of $5,000 per year

To start,
Trump seed money: +$1,000
Michael Dell: +$250

This will teach… pic.twitter.com/XThixokUxV

— Eric Daugherty (@EricLDaugh) December 2, 2025

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