India, Dec. 3 -- Michael and Susan Dell are set to contribute $6.25 billion to establish investment accounts for 25 million children in the United States, as announced on Tuesday. The funds from their charitable organization will assist in initiating the "Trump Accounts" that were enacted into law in July.
This donation will allocate $250 to each qualifying child's account, which is designed to appreciate over time through investments in low-cost stock funds that mirror market indexes.
The objective is to provide millions of children with an early advantage in saving for their future, Michael Dell, the CEO of Dell Technologies, stated in an interview with NPR.
Referred to as "Trump Accounts", this initiative has yet to be implemented b...
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