A major financial boost for American families made headlines this week after tech billionaire Michael Dell and his wife, Susan Dell, pledged an extraordinary $6.25 billion toward the newly introduced Trump Accounts, a tax-deferred savings system designed for children.
Their contribution represents one of the most significant child-focused philanthropic investments ever announced in the United States.
This enormous pledge ensures that 25 million eligible children will receive an extra $250 deposited into their Trump Accounts.
As families begin to understand this new savings platform, many parents are asking the same question: Who qualifies for this $250 contribution, and how do we apply?
Below is a simple breakdown of the income criteria, eligibility rules, and the upcoming timeline for opening Trump Accounts.
Understanding Trump Accounts
The Trump Accounts were created under the Working Families Tax Cuts Act to help parents build long-term, tax-advantaged investment savings for children under 18 who have a Social Security number.
This initiative follows recent attention on Trump’s remarks regarding the $2,000 tariff stimulus check, which has been widely debated by policy experts.
Income Requirement For The $250 Dell Contribution
The Dells’ $6.25 billion donation will provide an additional $250 to Trump Accounts for:
- Children aged 10 or younger
- Children born before January 1, 2025
There’s a possibility that older children may also receive the contribution if funds remain after the initial enrollments.
Income Rule
To qualify for this $250 grant:
- Families must live in ZIP codes with a median income of $150,000 or below.
This means that parental income generally should not exceed $150,000, but eligibility is ultimately determined by the median income level of the area where the child resides.
Once a parent opens a Trump Account, the $250 contribution is added automatically.
When Can Parents Open Trump Accounts?
The IRS has not yet issued final guidance, but the White House has shared an initial timeline.
Key Activation Dates
- Parents of children born from 2025 to 2028 will qualify for a one-time $1,000 Treasury seed contribution.
- The $250 Dell contribution will be credited to eligible children as soon as their Trump Account becomes active.
- The government expects families to begin opening Trump Accounts on July 4, 2026.
How To Open The Account
Parents will be able to:
- Submit IRS Form 4547 at any time to set up the Trump Account and request the $1,000 pilot program seed money.
- Starting mid-2026, parents can submit account elections online via trumpaccounts.gov.
- After submitting the election, the Treasury Department or its designated agent will send instructions to help parents complete the account activation process.
The newly established Trump Accounts Program aims to provide long-term financial stability for millions of American children, especially those in low- and middle-income communities.
The $6.25 billion Dell donation strengthens this effort by offering an additional $250 to 25 million eligible kids, provided their families meet area-income requirements and open the accounts when enrollment begins in mid-2026.
As IRS guidance continues to develop, parents are encouraged to stay informed so they can take full advantage of both the $1,000 Treasury seed contribution and the Dell family’s $250 bonus.
FAQs
Who is eligible for the $250 Trump Account contribution?
Children aged 10 and younger, born before January 1, 2025, and living in ZIP codes with a median income of $150,000 or less qualify.
Do parents need to apply separately for the $250 Dell contribution?
No. Once parents open the Trump Account, the $250 is automatically added if the child meets eligibility criteria.
When will Trump Accounts officially open?
Parents are expected to be able to open accounts starting July 4, 2026, with online options available mid-2026.




