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The U.S. Government launched the “Trump Accounts” this Tuesday, a savings and investment program for children under 18 years old that includes an initial contribution of one thousand dollars from the Treasury.
The information was shared by the official account Rapid Response 47 of the White House, which explained the details of the plan advocated by President Donald Trump as part of his economic agenda America First.
The “Trump Accounts” are deferred savings accounts aimed at minors who have U.S. citizenship and a valid Social Security number.
The aim of the program is to promote financial education from early childhood and to enable families to invest long-term in their children's future.
The plan states that children born between 2025 and 2028 will receive a one-time contribution of $1,000 from the Department of the Treasury upon opening their account, without this contribution affecting the annual contribution limit.
Accounts can receive additional deposits from parents, grandparents, relatives, employers, or charitable organizations, up to $5,000 per year.
Contributions can be made starting from July 4, 2026, a date chosen to coincide with the 250th anniversary of the independence of the United States.
The funds can only be invested in U.S. stock indices —such as the S&P 500— with low fees and without the use of financial leverage.
The program also allows companies to make contributions to their employees' children's accounts through pre-tax contribution plans of up to $2,500 annually.
According to the statement, the “Trump Accounts” will be subject to strict eligibility controls to prevent fraud and ensure that the benefit is exclusively available to American children born within the specified period.
The funds will remain blocked until the beneficiary turns 18, at which point the account will function as a traditional IRA, allowing the young person to either continue saving or use the money for higher education, home purchase, or entrepreneurship.
To open an account, parents or guardians must complete IRS Form 4547, available from 2025, or through the portal trumpaccounts.gov starting in 2026.
The White House emphasized that the program represents “a long-term investment in the next generation of Americans” and an opportunity to strengthen the culture of saving in the country.
The economic plan is in addition to other measures from the Trump Administration aimed at encouraging family investment, reducing taxes, and increasing citizen participation in the national economy.
The multimillionaires Michael and Susan Dell announced this Tuesday a historic donation of $6.25 billion to strengthen the “Trump Accounts.”
According to a report by AP, Dell's philanthropic commitment aims to encourage 25 million American families to claim the new investment accounts intended for children under 10 years old.
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