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Philanthropists Susan and Michael Dell arrive at the Mack, Jack & McConaughey charity gala at ACL Live on April 25, 2019 in Austin, Texas.

Tech billionaires Michael and Susan Dell announced Tuesday that they are pledging $6.25 billion to create some 25 million additional "Trump Accounts" for children across the country.

These accounts will be seeded with $250 each, and available for children who missed the eligibility cutoff for the $1,000 federally funded "Trump Accounts" for babies born after Jan. 1, 2025.

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"These deposits will reach the accounts of most children age 10 and under who were born prior to the qualifying date for the federal newborn contribution," the

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