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White House starts ‘Trump accounts’ backed by $6.2B Dell Investment

The president Donald Trump It revealed a new threat to save children, called “Trump accounts,” and accepted a multi-billion dollar pledge from Michael and Susan Dell, the first major infusion of capital.

Trump called the investment from the Dell family an “amazing gesture” and said he would also make a contribution to the savings plan.

Michael and Susan Dell Donate $6.25B to Pay ‘Trump Accounts’

Michael Dell, the founder and CEO of Dell Technologies, and his wife, Susan, announced on X Tuesday that they will invest $ 6.25 billion. The couple, who attended a White House event with Trump, said the decision was easy.

“These investment accounts are easy, safe, and structured to grow in value with the return of the market over time. In 18 years, these young people, or future savings. It is very simple.

‘Trump Accounts’ newborns could grow to $1.9m, Treasury says

Michael and Susan Dell’Ell announced a $6.25 billion investment in X and later joined President Donald Trump at the White House. (Chip Somodevilla / Getty Images / Getty Images)

“The Trump Account’s top Big Beaulloud is the federal government’s next generation of American children,” said White House spokesman Kush Desai Digital.

“And it’s the President’s call to action for American businesses and Planthropists to do their part, too – Michael and Susan Dell’Illioni Rejective to America’s children is the first of many announcements to come to America’s children.”

A ‘CRITICAL, GOOD’ approach ‘provides America’s children with Head Start

The New Savings Program, tied to that big fraud law and signed into law by Trump on July 4, provides every child born between Jan 1,000 one government deposit. Families are eligible to open an account if their child has a social security number, and the money must remain unavailable until the child turns 18.

Parents and other relatives can claim up to $5,000 each year, subject to a cap doing more than you should maintenance after 2027.

A picture of a newborn baby holding an old hand

‘Trump Accounts’ included in Donald Trump’s Tax Bill Bill signed into law on July 4, 2025. (Tim Clayton/Corbis/Getty Images/Getty Images)

And those donations can add up quickly.

Treasury estimates show that “Trump accounts” can accumulate a seven-figure balance by creating before the start if families increase contributions and allow money to grow.

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A fully funded account can reach $1.9 million in 28 years, according to the Treasury’s tax analysis office. Even at the low end of the fixed return, Savings Account you can still generate about $600,000 in the same period.

Even without additional contributions towards the $1,000 federal government enterThe Treasury estimates the account can grow to between $3,000 and $13,800 over 18 years.

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