In celebration of the nation’s major milestone, Dell Technologies CEO Michael Dell and his wife, Susan, highlighted their major investment in the next generation.
The wealthy couple has announced that they’ll be adding $250 to the first 25 million kids registered for a recently enacted “Trump Account.”
Fox Business had this report:
“This makes every child a shareholder in the greatest prosperity-creating engine the world has ever known — American capitalism,” Dell wrote in an X post. “Through this public-private partnership, we’re giving the next generation a real stake in our economy and a path to the American Dream: education, a first home, starting a business, and building lasting wealth.”
ADVERTISEMENTThe announcement coincides with the official Fourth of July launch of Trump Accounts, a provision of new tax legislation designed to give young Americans a financial head start.
Under the program, which was announced one year ago, every U.S. citizen born between Jan. 1, 2025, and Dec. 31, 2028, is eligible to receive a $1,000 government-provided baseline investment upon enrollment.
Parents can register their children for the program when filing their taxes, acting as sole custodians of the account until the child turns 18.
The accounts have attracted significant attention in recent days:
.@TrumpAccounts are now live, giving every child a stake in the American Dream from day one thanks to @POTUS.
The Trump Accounts app is now updated with the full suite of account capabilities: you can start funding your child’s account, exploring financial education modules, and…
— Treasury Secretary Scott Bessent (@SecScottBessent) July 4, 2026
Those with TDS won't participate, in 17 years they will complain it isn't fair these other children have savings. They will try to devise ways to get their grubby hands on it. Like what communist Mamdani & friends are doing now (See Mamdani's recent little spectacle of a…
— Suz🇺🇸 (@Sue1925) July 4, 2026
Today, on the 250th anniversary of our country, Trump Accounts have arrived 🇺🇲
American families can start making contributions to their children’s Trump Accounts and build towards their long-term financial security from an early age. pic.twitter.com/CMFmb5zmEz
— Robinhood (@RobinhoodApp) July 4, 2026
Here’s what CBS News reported:
Trump Accounts are designed to help children start investing. During the “growth period” — between when the account is created and the year the beneficiary reaches age 18 — contributions must be invested in mutual funds or exchange-traded funds, or ETFs, that track large indexes such as the S&P 500 and have fees or expenses higher than 0.1%. After that time period, the account will operate like a traditional IRA.
ADVERTISEMENTBank of New York Mellon will initially administer Trump Accounts in partnership with online brokerage firm Robinhood. However, the accounts can be rolled over to a Trump Account at another financial institution for the same beneficiary during the “growth period,” according to the Bipartisan Policy Center.
Parents can set up the savings vehicle through the Trump Accounts app or at the website trumpaccount.com. According to the Trump administration, funds deposited into the accounts will be invested in a broad stock-market index. The Trump Accounts app will provide an overview of the portfolio and its performance.
Dell has long been a supporter of the Trump Accounts initiative, as revealed in this video from December:
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