Core Insights - Michael Dell and his wife Susan are donating $6.25 billion to "Trump accounts," which provide $1,000 in federal funds to U.S. children born on or after January 1, 2025, until the end of 2028 during Donald Trump's presidency [1] - The contribution will benefit approximately 25 million children, allocating about $250 per child [1] - The accounts serve as long-term savings vehicles, with parents able to contribute starting July 2026, and funds will be invested in stock market mutual or index funds [2] Eligibility and Contribution Details - "Trump accounts" are available to all U.S. children under 18 with a Social Security number, managed through the U.S. Treasury as part of Trump's One Big Beautiful Bill Act (OBBBA) [3] - The Dell Foundation's contribution is specifically for children born from 2016 to 2024 in areas with median household incomes below $150,000 per year [4] - Parents and community members can collectively contribute up to $5,000 per year to an Invest America account, with no cap on contributions from philanthropists or charitable organizations [5] Withdrawal and Usage of Funds - Funds can be accessed starting at age 18 for education, job training, starting a business, or purchasing a first home, with accounts converting to traditional IRAs at that age [6] - The specifics of account opening and management are still unclear, with further information available through investment firm Charles Schwab [7]