This is a hell of an endeavor that was made possible by the One Big Beautiful Bill. Unlike the $1,000 that the government is seeding account with the Dell's effort targets those who were to old to be eligible.
The Dells’ commitment goes hand in hand with a new federal government program that allows parents to open tax-advantaged investment accounts for children under 18 with Social Security numbers.
I'd argue that the most important thing about this whole this is that not only does this give everyone a slice in the performance of the American economy and allows people reap the rewards of the American economy.
The Dells have committed to seed Trump accounts with $250 for children who are 10 or under who were born before Jan. 1, 2025. According to Invest America, the pledged funds will cover 25 million children age 10 and under in ZIP codes with a median income of $150,000 or less.
These accounts go live on July 4, 2026 and all parents have to do is create them for their kids and then the Michael & Susan Dell Foundation grant will go into their account. Another key thing is that 100% of the money the Dell's foundation has put forth WILL go to the kids funding and there isnt going to be some NGO that takes a slice of the money. AKA the money will ALL be going to the kids.