More than 6 million American children have been signed up for Trump Accounts as of mid-June 2026, according to a tally from the U.S. Department of the Treasury. The official launch of the accounts is scheduled for July 4.

Trump Accounts are child-owned savings accounts for U.S. children under 18 with a Social Security number. Funds within these accounts are invested in American companies, and access to the funds is granted when the children turn 18. Parents or guardians can open an account by filling out IRS Form 4547 with their 2025 tax return or through TrumpAccounts.gov. The accounts were created under the One, Big, Beautiful Bill Act on July 4, 2025.

Contributors can deposit up to $5,000 per year into Trump Accounts, and the money grows tax-deferred. The annual contribution limits will adjust for inflation starting after 2027. President Donald Trump said in a fact sheet released by the Treasury, "This is a pro-family initiative that will help millions of Americans harness the strength of our economy to lift up the next generation."

A pilot program includes a one-time $1,000 contribution from the Treasury for babies born from 2025 through 2028. Approximately 1.4 million children signed up for these accounts qualify for this seed money. Madeline Brown, senior policy associate at the Urban Institute, noted that this reflects about 39% of eligible children.

Brown stated, "That 1.4 million reflects only about 39% of eligible children, meaning more than half of eligible children are still not enrolled to receive their $1,000." She added, "Lower-income people have more to gain from this program but are less likely to need to file taxes and therefore less likely to access it." According to Treasury figures from June, 86% of opened Trump Accounts are linked to families earning less than $200,000.

Michael Dell, tech CEO, and his wife, Susan, committed $6.25 billion to supply an additional $250 for children born between 2016 and 2024 who reside in ZIP codes with a median income of $150,000 or less. Dell said in an emailed statement, "This is about every child, every family having a real shot at building something." He also said, "What the research shows us, pretty clearly, is that when a kid has even a small account in their name, they start to see themselves differently, and that shows up in graduation rates, in homeownership, in the businesses they start." Dell added, "That's not just a financial outcome — it's a mindset shift." Treasury Secretary Scott Bessent articulated the goal of having philanthropists, charities, and local governments in every state contribute funds as part of a "50-state challenge." More than 82 companies, foundations, states, and individuals have announced contributions to the program.