8legs: Michael dell

Your Followed Topics

#1 out of 22.1M est. views254.68%

The Dell gift will fund $250 to each eligible child under 10, leveraging Treasury accounts that aim to sow future financial opportunity through stock-market exposure.
Dell officials say the accounts will not launch until July 4, 2026, aligning the milestone with the 250th anniversary of U.S. independence.
The Dell gift marks a landmark moment in private philanthropy, aligning high-net-worth giving with a public policy frame around Trump Accounts for kids.

Vote 42

#2 out of 2562.0 est. views100.00%

The Dell family pledged $6.25 billion to launch about 25 million new child savings accounts named 'Trump Accounts'.
Each account would be seeded with $250 and available to children who missed the eligibility cutoff for the newborn program.
The Dells say the effort could expand opportunity, strengthen communities, and help children save for their future.
Accounts may receive up to $5,000 annually until the beneficiary turns 18, with withdrawals blocked until adulthood.
The accounts would be invested in low-cost index funds or ETFs tracking major U.S. indices.
The initiative follows the One Big Beautiful Bill framework and could reach a broad portion of American children.
President Trump attended the announcement with the Dells at the White House.
Experts estimate high potential growth for accounts if contributions and market returns align, possibly nearing six-figure sums by 18.
The Dell family wealth is tied to Dell Technologies, with a fortune cited near $150 billion by Bloomberg.
The NBC News piece reports the donation and context for the proposed 'Trump Accounts'.

Vote 0

Unlimited Access

Personalized Feed

Full Experience

By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.

Create an account and enjoy content that interests you with your personalized feed

Unlimited Access

Personalized Feed

Full Experience

By continuing, you agree to the Privacy Policy.. You also agree to receive our newsletters, you can opt-out any time.