Trump Accounts Treasury Push: Which Companies Are In?

Trump Accounts are a government program, but some of the biggest commitments are coming from the private sector. From a $6.25 billion personal pledge to state-scoped philanthropy to Wall Street employee matches and community seeds, major donors and companies are lining up to support the initiative. Here is who has committed what — and how to tell employer benefits apart from philanthropy.

The Dell Family: $6.25 Billion

The largest private commitment to Trump Accounts came from Michael and Susan Dell — the CEO of Dell Technologies and his wife. On December 2, 2025, the same day the IRS released its guidance on Trump Accounts, the Dells announced a $6.25 billion pledge through the Dell Foundation.

The details:

• $250 per qualifying child
• Children must be under age born 2016–2024 (born before January 1, 2025)
• Must live in a ZIP code where median family income is $150,000 or less
• Could reach up to 25 million children

Because the Dell pledge targets children born before 2025, it specifically covers children who do not receive the federal $1,000 pilot deposit (which is limited to 2025-2028 births). This was intentional — the Dells designed their pledge to complement, not duplicate, the government program.

As a 501(c)(3) charity contribution, the Dell Foundation deposits do not count against the $5,000 annual contribution limit.

For a deeper dive, see our full Dell pledge explainer.

Ray & Barbara Dalio: Connecticut $250 Pledge

In mid-December 2025, Bridgewater Associates founder Ray Dalio and his wife Barbara committed to seed Trump Accounts for roughly 300,000 children in Connecticut. Treasury Secretary Scott Bessent framed the gift as joining the “50-state challenge” — inviting philanthropists in every state to help fund children’s accounts.

• $250 per qualifying child
• Connecticut only — not a nationwide pledge
• Same ZIP rule as Dell: median income under $150,000 (about 87% of CT ZIP codes, per CNBC’s Census analysis)
• Listed on trumpaccounts.gov alongside the Dells

This is private philanthropy, not a Connecticut state deposit. It does not change federal eligibility rules. Confirm claim steps and exact age criteria on the official portal before assuming money will land automatically.

Coverage: CNBC, Dec. 17, 2025. Connecticut families can also check ZIP income eligibility with our grant eligibility tool.

Dell Technologies: Employee Matching

Separate from the personal Dell family pledge, Dell Technologies the company pledged to match the government's $1,000 contribution for its employees' children. This is an employer contribution under IRC Section 128, which means:

• It is tax-free for the employee (does not appear on their W-2)
• It is tax-deductible for Dell Technologies
• It counts toward the $2,500/year employer limit per employee

Dell Technologies employees with eligible children could receive: the $1,000 government deposit + the $1,000 Dell Technologies match + the $250 Dell Foundation pledge (if in a qualifying ZIP code) = up to $2,250 in free money before contributing a single dollar of their own.

BNY and BlackRock: $1,000 Employee Seed Matches

Several large financial firms have announced they will match the federal government’s $1,000 seed deposit for eligible newborns of U.S. employees:

• BNY (announced Dec. 11, 2025) — match the $1,000 seed for eligible employee newborns
• BlackRock (announced mid-December 2025) — same $1,000 seed match for children of U.S. employees

These are employer contributions under IRC §128. They are tax-free to the employee, count toward the $2,500/year employer cap, and share the overall $5,000 annual limit with other capped sources. Ask HR whether your company offers a similar match.

Nvidia: Jensen Huang's Pledge

Jensen Huang, CEO of Nvidia, did not attend the June 2025 Invest America Council meeting at the White House but still made a commitment. Huang stated that Nvidia would contribute to Trump Accounts managed by its employees.

Nvidia has not publicly detailed the exact amounts or structure, but as an employer contribution, it would follow the same IRC Section 128 rules — tax-free for employees, capped at $2,500/year per employee.

Goldman Sachs & Morgan Stanley: $1,000 Employee Matches

On July 2, 2026, Goldman Sachs and Morgan Stanley each announced they would match the federal $1,000 seed for eligible employees’ children who enroll in a Trump Account. Goldman’s CEO David Solomon tied the benefit to long-term investing habits; Morgan Stanley’s memo emphasized financial education.

Both programs sit under the IRC §128 employer framework — generally tax-free to the employee, counting toward the $2,500/year employer limit and the child’s $5,000 annual cap.

Micron: Employee Match + Community $250 Seeds

Micron Technology announced a $250 million package in June 2026:

• An employee match up to $1,000 per child under 18
• A $250 community seed for children with Trump Accounts in Micron operating counties in California, Colorado, Idaho, Minnesota, New York, Texas, and Virginia

The community seed is notable because it is not limited to Micron employees — nearby families in listed counties can qualify if they open an account. Claim details are posted at micron.com/communityinvestment.

Dalio (Connecticut) & Gerstner (Indiana)

Beyond nationwide Dell funding, philanthropists are targeting specific states and groups: Ray & Barbara Dalio ~$250 for children in Connecticut, $250 from Brad Gerstner for qualifying children in Indiana, plus newer pledges such as the Shotwell SpaceX stock gift, San Francisco’s anonymous $500 (2026 babies), and Hawaii foster / Stable Road $250. These are philanthropic announcements — not confirmed state budget lines (Oklahoma’s separate $250 Dream Accounts program is a state deposit). Open the federal account first, then watch claim instructions. Full directory: companies & pledges.

Robinhood: Technology and Capital

Robinhood Markets took a different approach. Rather than pledging a specific dollar amount, Robinhood offered to provide technology and capital for the Trump Account program.

This makes strategic sense for Robinhood. As a brokerage platform that already serves millions of retail investors, Robinhood could become one of the custodians where families open and manage their Trump Accounts. Providing the technology infrastructure positions Robinhood to onboard millions of new account holders.

For details on how Robinhood might handle Trump Accounts, see our Robinhood Trump Account guide.

The Invest America Council

In June 2025, ahead of the bill's passage by the Senate, President Trump held a roundtable at the White House to promote Trump Accounts. This event, organized through the Invest America Council, brought together business executives to discuss corporate support.

Brad Gerstner, CEO of Altimeter Capital, worked directly with Senator Ted Cruz on the Trump Account concept and helped coordinate corporate interest. According to Gerstner, companies were eager to support the initiative because they see it as both good policy and good business.

Why Wall Street Supports Trump Accounts

The financial industry's enthusiasm is not purely philanthropic. Trump Accounts represent a massive new source of customers and assets:

Even with the 0.1% expense ratio cap, managing millions of accounts invested in index funds adds up. And when those children turn 18 and the accounts convert to traditional IRAs, brokerages gain lifelong customers who may invest in other products.

What This Means for Families

Corporate support for Trump Accounts is good news for families:

• More free money — employer contributions and charity donations add to your child's account at no cost to you.
• Better technology — companies like Robinhood building Trump Account platforms means user-friendly tools for managing accounts.
• Competitive fees — with major brokerages competing for Trump Account customers, expect the lowest possible costs within the 0.1% cap.
• Employer benefits — as more companies offer Trump Account matching, it becomes another factor in choosing where to work.
• State-scoped philanthropy — pledges like Dalio’s mean some kids get an extra ZIP-based seed even when their state has not funded a deposit.

If your employer has not announced a Trump Account program, ask HR about it. The employer matching benefit is one of the most valuable features of the program.