Michael Dell and his wife are pledging $6.25 billion to help fund Invest America accounts for 25 million American children

Main Idea: Michael Dell and Susan Dell are giving $6.25 billion to help fund Invest America accounts for millions of U.S. children.

Key Points:

• The gift will add $250 to accounts for 25 million children age 10 and under in lower-income ZIP codes who are not covered by the federal program.
• The federal Invest America plan will give $1,000 to babies born between 2025 and 2028, with money invested in U.S. index funds.
• Dell said the idea fits the couple’s long-time focus on helping children and using philanthropy in a data-driven, results-focused way.
• He said the accounts could help families build wealth over time and may lead more companies and donors to add matching money.