Veytics Intelligence
2026-10-07 · Yahoo

Michael Dell defends Trump Accounts' shift to individual company stocks

Michael Dell, philanthropist and founder of Dell Technologies, pushed back against critics who argue that allowing wealthy investors to donate individual company stocks to Trump Accounts could have a nefarious impact. Under new rules that took effect last week, charities can put individual stocks into kids' accounts as a donation. Trump Accounts are tax-advantaged investment vehicles that can be used for education expenses, starting a business, or saving for retirement. They were authorized in last year's One Big Beautiful Tax bill. Previously, the money was required to be invested in low-cost index funds. Read more: Trump Accounts expand to stock donations. What are the benefits and risks?

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