The Dell’s add to Trump Accounts
I wrote that Trump Accounts Are A Big Deal. These accounts give U.S. citizen’s born between January 1, 2025, and December 31, 2028, $1000 invested in a low-cost, diversified U.S. stock index fund. Well, the accounts just got bigger. Michael and Susan Dell are donating $6.25 billion to seed accounts with $250 for children born before Jan. 2025, up to ten years of age:
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.