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STATEMENT

Michael and Susan Dell pledge $6.25 billion to fund Trump Accounts for 25 million children

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Michael and Susan Dell have pledged $6.25 billion to fund Trump Accounts for 25 million children under age 10.

Source summary
Treasury Secretary Scott Bessent delivered remarks describing the new "Trump Accounts" program, which the statement says will seed a $1,000 investment for every child born between Jan. 1, 2025 and Dec. 31, 2028 that will be invested in an index fund. Families may claim the seed via Form 4547; additional funding channels include family/friend/employer contributions (up to $5,000 per year starting July 4), philanthropic pledges (notably Michael and Susan Dell and Ray and Barbara Dalio), and state contributions. Accounts are described as tax-advantaged, locked until age 18, and usable thereafter for retirement, home purchase, or education; the Treasury frames the program as expanding broad equity ownership.
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Latest fact check

The U.S. Department of the Treasury press release quotes that Michael and Susan Dell "pledged to donate $6.25 billion of their own money to help fund Trump Accounts for 25 million children under the age of 10." Independent reporting from AP, Reuters, CNBC and the New York Times (Dec. 2, 2025) corroborates that the Dells committed $6.25 billion to seed roughly 25 million accounts (about $250 per child) aimed at children around age 10 and younger, with some targeting by ZIP-code income limits and the funds coming from charitable sources. Verdict: True — the Treasury statement and multiple reputable news outlets document the Dells’ public $6.25 billion pledge to help fund Trump Accounts for roughly 25 million children in the stated age band, though reporting adds context (e.g., $250 per child, ZIP-code targeting, charitable-fund source).

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Timeline

  1. Update · Jan 29, 2026, 03:29 AMTrue
    The U.S. Department of the Treasury press release quotes that Michael and Susan Dell "pledged to donate $6.25 billion of their own money to help fund Trump Accounts for 25 million children under the age of 10." Independent reporting from AP, Reuters, CNBC and the New York Times (Dec. 2, 2025) corroborates that the Dells committed $6.25 billion to seed roughly 25 million accounts (about $250 per child) aimed at children around age 10 and younger, with some targeting by ZIP-code income limits and the funds coming from charitable sources. Verdict: True — the Treasury statement and multiple reputable news outlets document the Dells’ public $6.25 billion pledge to help fund Trump Accounts for roughly 25 million children in the stated age band, though reporting adds context (e.g., $250 per child, ZIP-code targeting, charitable-fund source).
  2. Original article · Jan 28, 2026
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