Dell family to seed Trump accounts for kids with $250

December 2, 2025

Tech billionaire Michael Dell and his wife Susan have pledged $6. 25 billion to provide $250 payments to approximately 25 million American children aged 10 and under. The donation will fund newly created Trump-branded investment accounts that Congress authorized earlier this year to encourage long-term retirement savings for children.

Who is affected

Approximately 25 million children aged 10 and under in the United States (nearly 80% of all children in that age group)
Children living in areas where median income is below $150,000
Babies born between 2025 and 2028
Parents and families who can contribute to these accounts
Better-off families who have extra money to set aside
Dell Technologies employees
Grayson Chester and other new parents considering the program

What action is being taken

Michael and Susan Dell are donating $6.25 billion to fund $250 payments to eligible children
The Treasury Department is publishing forms for parents to establish accounts through the tax filing process
Dell Technologies is making contributions to its employees' accounts

Why it matters

This represents one of the largest private donations ever made directly to Americans and provides children with a financial head start that could expand their opportunities. The program aims to encourage families to save for their children's retirement by creating tax-advantaged accounts that grow over time. However, the initiative has sparked debate about whether it genuinely helps all families or primarily benefits wealthier households, with concerns that it could serve as a stepping stone toward privatizing Social Security rather than strengthening existing government-funded retirement benefits.

What's next

More details about how the accounts will be administered will be available next year
Employers, charitable organizations, and others can begin making donations to the accounts starting in July
Other philanthropists and employers are being encouraged to make similar commitments

Read full article from source: BBC