Here's what to know about the Dell donation and how Trump accounts for kids will work

Michael and Susan Dell announced on Tuesday that they're donating $6.25 billion for Trump accounts, impacting millions of kids. Starting July 4, 2026, Trump accounts could take up to $5,000 in annual contributions from parents, their employers, grandparents, family friends or charities. Money in the tax-deferred accounts would be invested in low-cost equity index funds. Ed O'Keefe has more.