Michael and Susan Dell to donate $6.25 billion to fund Trump Accounts for 25 million U.S. kids

[BumRushDaShow]

Last edited Tue Dec 2, 2025, 08:45 AM - Edit history (1)

Source: CNBC

Published Tue, Dec 2 2025 7:33 AM EST Updated 12 Min Ago


Michael and Susan Dell announced Tuesday that they have committed $6.25 billion to fund investment accounts for some 25 million American children. The couple’s donation will be the largest ever devoted to American children, according to Invest America, a nonprofit advocacy group partnered with the Dells.

“It’s designed to help families feel supported from the start and encourage them to keep saving as their children grow,” Michael Dell, founder and CEO of Dell Technologies, told CNBC in an interview. “We know that when children have accounts like this, they’re much more likely to graduate from high school, from college, buy a home, start a business and less likely to be incarcerated.”

The Dells’ commitment goes hand in hand with a new federal government program that allows parents to open tax-advantaged investment accounts for children under 18 with Social Security numbers. Under the federal program, U.S. citizens born from the beginning of 2025 through 2028 will receive a federal grant of $1,000 to seed those so-called Trump accounts. Parents will be able to open and contribute to these accounts starting on July 4, 2026, with IRS guidance yet to be issued.

The Dells have committed to seed Trump accounts with $250 for children who are 10 or under who were born before Jan. 1, 2025. According to Invest America, the pledged funds will cover 25 million children age 10 and under in ZIP codes with a median income of $150,000 or less. “We want to help the children that weren’t part of the government program,” Dell said.

Read more: https://www.cnbc.com/2025/12/02/michael-susan-dell-trump-accounts.html

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And I expect not one family or kid will see a dime. It'll be grifted away for some real estate venture while there will be "problems" with whatever database and website they set up.

People don't even have enough money for food or rent/mortgage. Many are rapidly going into debt and will have ZERO to "save". They are spending MORE for less thanks to tariffs.

[Autumn]

1. How much does Trump take off the top?

And the middle and the bottom? This is nothing more than another money laundering scheme.

[twodogsbarking]

2. Pay-offs using children. Trump will use the information to deport children and their parents.

[AnnaLee]

3. So he wants to brand children born in his 2nd term

That is like putting your name on buildings you don't even own.

Using other people's money. What a racket. MAGA probably, on the whole, too slow to pick up on it. How much Trump family money is being pledged and, more importantly, if they pledge some, where did they get it?

[angrychair]

4. No one will use that

Except his cult and maybe not even all of them. It's always a fucking grift with them and I wouldn't trust a single fucking thing this administration does.

[Aviation Pro]

5. $250?

That's probably a week's worth of groceries.

Nice gift, fuckheads.

Also, in no way shape or form does this offset the multi-year tax break these fuckers are getting and the "gift" is deductible.

[lonely bird]

13. Yeah...

I looked at that and immediately thought about the math.

$250 is not impactful. This underscores the fallacy of charity. This would make the Dell’s feel self-righteous and smug while providing a tax break for them and not really impacting those who need help.

Beyond that regarding charity, the issues faced every day by those who need it would suck up every asset of charitable organizations were they liquidated. Only government can bring to bear the resources but as long as the political economy of this country rewards greed while casting those who need help as morally flawed (with a healthy dollop of racism/misogyny throw in) we will not see the actions taken that need to be taken.

[Buddyzbuddy]

6. Top 10% need to pay more taxes!

[FakeNoose]

7. Starting with the top one-per-centers ... and Michael & Susan Dell certainly fit

My guess is that the one-per-centers, after they started paying their fair share of taxes, would make it a lot easier for the next group of 2-to-5-per-centers. When all these extremely wealthy, privileged Americans took on their share of the tax burden, it would be far less of a burden on the rest of us.

[pfitz59]

8. Perhaps they should pay more TAXES

for things kids really need. Like healthcare, education, sports, safe roads, gun control, a future!

[twodogsbarking]

12. Definitely.

[travelingthrulife]

9. Why not just pay your damned taxes? How much of write off will this be for them?

[J_William_Ryan]

10. "...and encourage them to keep saving as their children grow..."

This is a prelude to eliminating Social Security, having nothing to do with helping families ‘feel supported.’

[Paladin]

11. "Tax-advantaged investment accounts" instead of food for hungry children.

trump and his billionaire pimps strike again.

[damifino10]

14. Beware

I am sorry but I have reservations when anyone throws money at anything with tRumps name on it
These folks could have given the money to many projects that would have provided more bang for
the buck than the one they gave to.

[pandr32]

16. He knows who was blackmailed by Epstein.

I would not put it past him to use the list to enrich himself.

[KPN]

15. Preying at the altar of money.

I say F the Dells.

[Jughead]

17. 5% of their net worth?

Seems like a tax break.

[hamsterjill]

18. Kissing the ring.

Makes me sick. Barf! I've never bought a Dell product and never will.

[Bayard]

19. I have never figured out,

Why any family with a 6-figure income is still considered underprivileged.

What money doesn't go into trump's pocket, will go for rent and groceries, if they can even touch it immediately. It will be like trump's bright idea of sending health insurance funds directly to people for healthcare.

[Harker]

21. Trump Steaks. Trump University. Trump Water. Trump Accounts.

[RazorbackExpat]

22. Trump Casinos. Trump Vodka

Trump Bibles. Trump Meme Coins.

[Harker]

28. Trump Cologne. Trump Guitars. Trump Wine. Trump Watches.

[RazorbackExpat]

29. Trump watches that "inadvertantly" leave out the "T"

Cheap Chinese knock-offs

[SunSeeker]

23. Peanuts, considering how much Trump cut from kids in the same bill.

Critics point out the accounts do little to help children in their early years, when they’re most vulnerable and most likely to be in poverty. They also say the accounts do little to offset the cuts the Trump administration and congressional Republicans have made to other programs that benefit young people and their families, including food assistance and Medicaid. Republicans created the accounts in the same Trump tax bill that reduced spending for some of those programs.

And even with the contribution from the government, critics say the Trump Accounts will widen the wealth gap. Affluent families that can afford to make the maximum pretax contribution to the accounts will realize the greatest benefits. Poor families who can’t afford to set aside money for the accounts will benefit the least. Assuming a 7% return, the $1,000 in seed money would grow to roughly $3,570 over 18 years.

https://ktla.com/news/ap-us-news/ap-with-trump-accounts-your-baby-could-qualify-for-1000-heres-what-to-know/?tbref=hp

[Blasphemer]

24. This is all so stupid. Instead of billionaires paying real taxes, they are making "donations." nt

[raccoon]

25. TRump accounts.

[Irish_Dem]

26. Grifters love to donate other people's money.

Classic scam.

[Bengus81]

27. 25M people?? That's about the same number who will LOSE their health insurance in 28 days.

And don't even think Trump will allocate that money even if it is a cheesy $250 per family Dell. Fuck...that would barely buy school supplies for two years where I live.