Dell founder says $6.25B 'Trump Accounts' donation is 'smartest investment' in children's futures [FOX News]
Dell Technologies Inc. Class C (DELL)
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Source: FOX News
Michael Dell, the CEO of Dell Technologies, is making a major investment in the future of American children. Dell and his wife, Susan, are contributing $6.25 billion to the newly launched " Trump Account s," a program created under President Donald Trump to help children build financial security. "We think investing in children is the smartest investment we can make. This is basically directly investing in their futures with these accounts that will grow over time," Dell said Thursday on "Fox & Friends." "When a child has an account like this, even with a modest sum, they're way more likely to graduate from high school," he added. Under the program, the federal government will make a one-time $1,000 contribution to "Trump Accounts" for U.S. citizens born between 2025 and 2028. With the Dells' donation, an additional $250 will be added to each newborn account . Another $250 contribution will also go to 25 million children 10 and under who live in ZIP codes with median incomes
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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
- How AI is transforming produce and the future of farming [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Dell declares $0.525 dividend [Seeking Alpha]Seeking Alpha
- Dell Technologies Declares Quarterly Cash DividendBusiness Wire
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