Philanthropic Initiative Overview - Dells are donating $250 each to 25 million American children, totaling $6250 million, for savings and investment in personal Trump accounts [1][4] - The initiative aims to support children aged 10 and under in zip codes with a median income of $150000 or less, who are not included in the government program [3][4] Investment and Future Use - The government is providing $1000 to every newborn in an account linked to the S&P 500, compounding over time and becoming like an IRA at age 18 [2] - The funds can be used for education, starting a business, starting a family, continued savings, or buying a home [3] Corporate and Government Collaboration - The Invest America act serves as a platform for companies, families, communities, and philanthropists to contribute to these accounts [2] - Dell Technologies is matching the government's contribution, and other companies are expected to follow suit with significant gifts [5]
Dell Gives $6 Billion to Fund ‘Trump Accounts’ for Kids
Bloomberg Television·2025-12-04 16:35