Trump and Dell Announce $6.25 Billion Boost for Newborn Savings Accounts

Official White House website – December 2, 2025 whitehouse.gov

Washington, D.C. – Dec 2, 2025 – President Trump joined philanthropists Michael and Susan Dell at the White House to celebrate a historic $6.25 billion gift to “Trump Accounts,” the new child savings program created by the Working Families Tax Cuts Act.

The donation will give an extra $250 to the Trump Accounts of the first 25 million U.S. children age 10 and under living in ZIP codes with median household incomes below $150,000.

Key features of the Trump Accounts:

• Every U.S. citizen born 2025–2028 receives a one-time $1,000 government seed.

• Up to $5,000 can be added yearly. Children, parents or guardians, grandparents, family members, friends, and employers can make contributions.

• Funds are invested in low-cost S&P 500 index funds; no withdrawals until age 18.

• If max-funded and untouched, an account could grow to ~$1.9 million by age 28.

• At 18, it becomes a traditional IRA.

  
  

“This landmark gift—one of the largest direct investments ever made in American families—will dramatically accelerate President Trump’s initiative to give every newborn child a head start toward lifelong financial security and the American Dream,” the White House said.

Accounts open mid-2026 at trumpaccounts.gov.

Learn more: trumpaccounts.gov

Official White House announcement: Michael & Susan Dell commit $6.25 billion to Trump Accounts, providing an extra $250 for millions of children. Source: whitehouse.gov (Dec 2, 2025)