Trump Accounts for Kids, with $6.25B Pledge from the Dells

Wednesday, December 03, 2025

Tech billionaires Michael and Susan Dell pledged $6.25 billion to create 25 million additional "Trump Accounts," which are aimed at giving the next generation a jumpstart on savings.

Posted by Dbt2 at 09:32 PM | 18 COMMENTS | permalink

Michael and Susan Dell are donating $6.25 billion to fund "Trump Accounts" for 25 million U.S. children. The gift would put $250 into each eligible child's account. n.pr/4rzXG3L

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-- NPR (@npr.org) Dec 2, 2025 at 7:25 PM

Comments

Perhaps one of our tax accountants could tell us what the write off is for this?

#1 | Posted by Corky at 2025-12-03 09:26 AM

Hmmm. Imagine if we could compel billionaires to do something like this yearly.. Like, on April 15th..

#2 | Posted by Whatsleft at 2025-12-03 04:05 PM

WTF is up with that picture?????

#3 | Posted by Angrydad at 2025-12-03 09:41 PM

3. That's what I'm saying. I don't know what happened to my comment.

Scroll through. Susan Dell is a freak show. No photo seems to present a better angle.

#4 | Posted by Dbt2 at 2025-12-03 09:53 PM

Uh, hold on there, Baba Louie. Do the math. That's $250 per person. Assuming an 11% return (roughly the long term return on the S&P 500) that comes to $1,635.89 after 18 years. That's about a credit hour at some directional school college, or one class in a community college. Helpful? Yes. Very helpful, and a big impact on some young person's life? Nopenopenope...

#6 | Posted by catdog at 2025-12-04 08:14 AM

Scrooge McDuck tosses dimes..oh wait, was that one of the Rockefeller's?

#7 | Posted by Hughmass at 2025-12-04 08:40 AM

Helpful? Yes. Very helpful, and a big impact on some young person's life? Nopenopenope...

That is always been the SOP for the GOP....pass something...talk it up as life changing when in reality it is nothing more than empty platitudes.

Then they will do something that will hurt more than help like taking career programs like
Nursing
Physician assistants
Physical therapists
Audiologists
Architects
Accountants
Educators
Social workers

and call them non-professional so they can stop funding them.

I can tell you that right now there are shortages of CPA's in my area, this will only make the problem worse.

But this was all the goal of Project 2025...to cut education funding so that only the very well off can afford to go into a professional career and force the rest into manual labor that used to be done by now deported immigrants.

#8 | Posted by nixon at 2025-12-04 08:44 AM

comes to $1,635.89 after 18 years

#6 | Posted by catdog

It can grow to over $2 million dollars by the time they're 18! If the parents contribute $2 million dollars.

#9 | Posted by Derek_Wildstar at 2025-12-04 03:36 PM

It is nice that this is being done but it's not very practical. Parents who can't afford to contribute thousands yearly aren't going to. Parents who can afford to could just do it anyway without the $250. $250 is peanuts compared to all the other money that would have to be put in.

#10 | Posted by Derek_Wildstar at 2025-12-04 03:37 PM

#10 | Posted by Derek_Wildstar

There's absolutely nothing "nice" about it.

It's 100% horse manure:

The Biggest Heist in America Is Being Sold as a Gift to Children

#11 | Posted by Angrydad at 2025-12-04 03:49 PM

This scheme will help poor Americans saddled with 50-year home mortgages, no affordable health insurance, and zero educational grants for college.

#12 | Posted by C0RI0LANUS at 2025-12-04 05:12 PM

IF only there were something like 529 plans that already save for kids futures in a tax deferred way.

#13 | Posted by MBlue at 2025-12-05 10:19 AM

" Perhaps one of our tax accountants could tell us what the write off is for this?"

MrBlue hit the nail on the head.

529 plans have a higher annual cap.
529 plans give a state tax break.
529 plans can be touched before turning 18, to spend on education.
529 plans' growth is tax-free, if spent on education.
529 plans can ultimately be converted into Roth IRAs.

Trump accounts offer none of the above.

The only value is claiming it; putting money in after that is reserved for the folks so rich, they can afford stupid choices.

I literally had to add a warning to my annual newsletter: only choose a NO FEE account; anything else, and that $1,000 will end up being consumed by bank fees.

#14 | Posted by Danforth at 2025-12-05 12:10 PM

#11 | Posted by Angrydad

Thanks! I should have known better.

#15 | Posted by Derek_Wildstar at 2025-12-05 12:48 PM

Maybe it's just me, but I think it's another scam by Trump and the Dells. The money will mysteriously disappear when the kids actually try to apply for the money. Either that or it will only go to rich kids who don't need the money or Trump will steal the money.

#16 | Posted by Ronnie68 at 2025-12-05 01:13 PM

"Maybe it's just me, but I think it's another scam"

The equation is set so the banks get most of the money.

A bug, or a feature? You Make The Call!!!

#17 | Posted by Danforth at 2025-12-06 02:24 AM

"The equation is set so the banks get most of the money."

Only the wealthy can afford financial choices this stupid.

Every sensible advisor will be telling every sensible investor to avoid investing more than the grant.

You'd have to be stupidly wealthy to max out these accounts.

This is a bonanza for the richest.
~Sincerely, Math

#18 | Posted by Danforth at 2025-12-06 02:32 AM

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