US EditionTrump touts investment accounts for kids alongside billionaires, celebrities
The program offers $1,000 seed money plus up to $5,000 annual contributions, potentially growing to nearly $200,000 by age 18, aiming to boost long-term wealth for 25 million U.S. children.
- At a day-long Treasury summit in Washington, D.C., President Donald Trump unveiled the Trump Accounts initiative and urged U.S. companies to contribute to employees' family accounts.
- Created under the One Big Beautiful Bill Act, the program provides a one-time $1,000 government seed for about 25 million children born between Jan. 1, 2025 and Dec. 31, 2028.
- Parents can enroll using IRS Form 4547 when filing taxes or via a Treasury online portal launching summer 2026, with funds limited to index mutual funds/ETFs tracking U.S. equities and accounts custodied by parents until age 18; employers may match contributions up to $2,500.
- Early signups suggest strong interest, with approximately 500,000–600,000 families applying since tax season began, supported by Michael and Susan Dell, Nicki Minaj, and Steak 'n Shake.
- Critics warn the initiative may widen existing wealth gaps because wealthier families can contribute $5,000 annually while lower-income households may struggle, and Alan Viard says administration projections overstate payoffs.
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