Overview
- Michael and Susan Dell committed $6.25 billion to provide $250 top-ups for up to 25 million children’s accounts tied to the initiative.
- Trump’s Big Beautiful Bill establishes $1,000 federal deposits into “Trump Accounts” for children born during his presidency, with balances converting to IRA-style accounts at age 18.
- The administration is targeting a July 2026 nationwide rollout, with decisions on who will manage the accounts, how withdrawals are taxed, and whether enrollment is automatic still unsettled.
- Dell told the New York Times the donation is not partisan, as critics argue large, targeted gifts can function as political influence.
- An academic study cited in coverage finds corporate philanthropy often tracks PAC spending and committee jurisdictions, with nonprofits far likelier to receive grants when a politician sits on their board.