White House unveils 'Trump accounts' for children with $6.25B Dell investment [FOX Business Network]
Dell Technologies Inc. Class C (DELL)
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Source: FOX Business Network
President Donald Trump unveiled a sweeping new savings initiative for children, dubbed "Trump accounts," and welcomed a multi-billion-dollar pledge from Michael and Susan Dell, the program's first major infusion of private funding. Trump called the investment from the Dell family an "amazing act" and said he would also make a donation to the savings program. Michael Dell, founder and CEO of Dell Technologies, and his wife, Susan, announced on X on Tuesday that they will invest $6.25 billion. The couple, who attended a White House ceremony with Trump, said the decision was an easy one. "These investment accounts are simple, secure, and structured to grow in value through market returns over time. At age 18, these young Americans can have a financial foundation for continued education, job training, home ownership, or future savings. It's a simple yet very powerful idea," the couple wrote in a statement. "The One Big Beautiful Bill's Trump Accounts are a revolutionary investmen
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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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