Michael And Susan Dell Donate Over $6B To U.S. Kids

Benzinga

before 2025, and what this means for families across the country.  The federal initiative provides a $1,000 government grant to every child born between 2025 and 2028, creating tax-advantaged investing accounts designed to build long-term financial security. The Dells’ additional $6.25 billion donation expands the program to millions of younger children who weren’t included in the federal plan.  In this video, we cover the full story: • What Trump Accounts are and how they work • How parents can open accounts beginning July 4, 2026 • Why the Dells targeted children under age 10 in ZIP codes under $150K median income • How these accounts invest only into low-cost diversified U.S. stock index funds • The long-term financial impact of compounding for millions of kids • Brad Gerstner’s role in creating the program and founding Invest America • Why Michael Dell believes investment accounts increase graduation rates, homeownership, and career opportunities • What happens to the money at age 18 when it rolls into an IRA • How companies and philanthropists may follow the Dells’ lead  This is one of the most ambitious philanthropic and financial-literacy initiatives in U.S. history — and it’s designed to give the next generation a direct stake in America’s economic growth.

Transcript

00:00Michael Dell just made the biggest donation to American children in history,

00:04and almost nobody understands what it's actually funding.

00:07You see, today Michael and Susan Dell committed $6.25 billion to seed investment accounts for

00:1425 million U.S. kids. These aren't college accounts, they're Trump accounts,

00:19a brand new federal program most people haven't even heard of yet.

00:23Under the federal plan, every child born 2025 through 2028 gets a $1,000 government grant

00:29to start a tax-advantaged investing account. But kids born before 2025, even babies and toddlers,

00:36get nothing. So the Dells stepped in. They'll put $250 into accounts for every child aged 10 and under

00:43born before 2025 living in zip codes under $150,000 median income. That covers about 25 million kids.

00:53Dell says children with investment accounts are more likely to graduate, buy homes, start businesses.

00:59and less likely to be incarcerated. The idea originally came from hedge fund manager Brad

01:05Gerstner, who later founded Invest America, the group that helped get Trump accounts written into

01:10the One Big Beautiful Bill Act. Parents can open these accounts starting July 4, 2026,

01:16and withdrawals aren't allowed until age 18 when they roll into an IRA. Dell's goal is simple,

01:22give every child a future worth saving for.

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