Tech Boss Dell Gives $6.25bn To 'Trump Accounts' For Kids [Barron's]
Dell Technologies Inc. Class C (DELL)
Last dell technologies inc. class c earnings: 2/27 04:25 pm
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Source: Barrons
So-called "Trump accounts" containing $1,000 for all children born after January 1, 2025 were part of the "One Big Beautiful Bill" that the Republican president pushed through Congress in July. Advertisement - Scroll to Continue But the Dell donation will now fund $250 deposits in saving accounts for at least 25 million children aged 10 and under, who were born before the cut-off point for the original program. "This will give millions of children a stake in American prosperity, a benefit from the rising stock market, and a better shot at the American dream," Trump said in a ceremony at the White House. "This is truly one of the most generous acts in the history of our country." The Dell Technologies founder and CEO, 60, said he hoped the accounts would teach children to save for their own futures. Advertisement - Scroll to Continue "We kind of started with a smaller amount to be honest" but then decided to donate more money, Michael Dell said. "We believe this is the
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- Is It Deductible? The Tax Rules Around The Dells' $6.25 Billion Contribution To Trump Accounts [Forbes]Forbes
- 'Trump accounts' could give your child up to $1,000 for free. Your top questions, answered [CNBC]CNBC
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- Dell declares $0.525 dividend [Seeking Alpha]Seeking Alpha
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