MICHAEL AND SUSAN DELL SPONSOR $25 MILLION TRUMP ACCOUNTS
🔸 Michael and Susan Dell (Dell Corporation) contributed $6.25 billion to support Trump accounts for approximately 25 million American children.
🔸 Children born before 2025 and aged 10 years or younger can receive $250 from this grant.
🔸 Children born between 2025 and 2028 will automatically receive $1,000 from the government into the Trump account.
🔸 The Trump account is a tax-advantaged savings account for children under 18, growing over time, functioning like an investment account.
🔸 When a child turns 18, the Trump account will automatically convert into an IRA (retirement account).
🔸 The Trump account is not yet open. But starting from July 4, 2026, parents and relatives can contribute up to $5,000 per year with after-tax money until the year before the beneficiary turns 18. Families need to submit Form 4547 for the government to open and fund their child's account.
