Trump Accounts are here! All new U.S. babies can now be enrolled in these accounts with a starting sum of $1,000 provided by Trump, er, by the government. Parents, and even the children if they start working before 18, can contribute up to $5,000 each year.
Trump Accounts are a national tax-advantaged investment program for children under 18 that officially went live on July 4, 2026. The U.S. Treasury Department provides a $1,000 seed deposit for eligible babies born between 2025 and 2028, with families allowed to contribute up to $5,000 annually. Accounts can be managed via the Trump Accounts Portal.
To mark the official nationwide rollout, President Trump rang the opening bell for the NYSE and Nasdaq directly from the White House on July 6, 2026.
The program was established under the One Big Beautiful Bill Act, limiting initial investments to low-cost index funds and ETFs that track the broad U.S. market, such as the S&P 500. Withdrawals are generally restricted until the child turns 18, at which point the accounts transition into traditional IRAs.
As the speakers at today’s White House ceremony noted, the hope is to instill the spirit of capitalism in the recipients, who will — basically from birth — own a piece of America, business-interest-wise.
Now, whether the next president chooses to re-up the program remains to be seen. But you can be sure, if that person is someone other than a MAGA Republican, that the name Trump will be removed from the title of the program.
How about Children Security Accounts? That way, Trump Accounts can meet the same fate as Social Security — going broke when people most depend on it.
