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Dell family to donate $6.25 billion into ‘Trump Accounts’ for children

Michael and Susan Dell have announced a significant donation of $6.25 billion to establish investment accounts, commonly referred to as 'Trump Accounts', for 25 million children under the age of 10 across the United States. These accounts aim to provide financial support and investment opportunities, as part of legislation signed into law by Donald Trump.

Dell family to donate $6.25 billion into ‘Trump Accounts’ for children

Credit: Nbcnews

Key Highlights

  • The Dell family will donate $6.25 billion for children's investment accounts.
  • The initiative will benefit 25 million children under the age of 10.
  • The accounts are part of a tax and spending bill signed by Donald Trump.
  • Eligibility for the accounts depends on specific ZIP codes.
  • Each eligible child will receive an initial deposit of $250.
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Sources

  1. Dell family to donate $6.25 billion into ‘Trump Accounts’ for children
  2. How do ‘Trump accounts’ work – and who will benefit?
  3. Michael and Susan Dell commit $6.25 billion for investment accounts for kids
  4. What to Know About Trump Accounts for Children and Eligibility After Dell Donation

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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