U.S. — The Trump administration will launch the Trump Accounts program on July 4, 2026. The launch coincides with the beginning of U.S. celebrations marking the 250th anniversary of its independence.

Trump Accounts will provide a government-funded investment account of $1,000 to U.S. citizens born between 2025 and 2028. Only U.S. citizens born during Donald Trump's second administration will receive the $1,000 government contribution. The program is designed to promote investing and financial literacy from an early age.

Americans can open a Trump Account for children under age 18 who have a valid Social Security number. These accounts are free to open. Parents, family members, employers, and charitable organizations can contribute up to $5,000 annually to a Trump Account on a pre-tax basis. Contributions are automatically invested in a low-cost index fund designed for long-term growth.

The Treasury Department is overseeing the Trump Accounts program. Robinhood and BNY serve as administrators. At the program's launch, all contributions will be invested in the State Street SPDR Portfolio S&P 500 ETF. The program's additional investment lineup includes ETFs from BlackRock and Vanguard.

Andy Blocker, Head of policy, regulatory and government relations at Edward Jones, stated that the federal contribution helps remove a barrier to saving. "The $1,000 federal contribution at birth helps remove the barrier of having nothing to start with, which has historically been one of the biggest obstacles to saving," Blocker said. He added, "If by year-end more families have a clear onramp to begin saving and investing for their children's financial futures, that's success." A Treasury Department spokeswoman stated, "Trump Accounts level the playing field by allowing every parent to invest in their children's future, not just wealthy families with trust funds." Steve Quirk, Chief brokerage officer at Robinhood, said, "The thesis behind Trump Accounts is to have more people participate in the greatest wealth creation vehicle on the planet, which is the U.S. market."

Adam Michel, Director of tax policy studies at the Cato Institute, voiced concerns about the program. "Government handouts have a long track record of failing to lift people out of poverty, and there's little reason to think this one will be different," Michel stated. He added, "The real benefit lands on families who already have steady jobs and the capacity to save." Treasury Secretary Scott Bessent previously stated that the accounts may one day allow the government to privatize the Social Security retirement program.

Visa, Dell, and Comcast have pledged support for the program through employer matches or additional seed funding. Micron pledged $250 million to support Trump Accounts. The Treasury Department has warned families to be vigilant against scams and fraudsters related to the program. Approximately 3.6 million children were born in the United States in 2025, according to provisional data from the U.S. CDC.

Account holders take control of Trump Accounts when they turn 18, at which point they can withdraw funds or continue investing. Gains from Trump Accounts are taxed upon withdrawal. Trump Accounts estimates that a child receiving annual contributions of $5,000 could accumulate about $271,000 by age 18, based on historical average returns of the S&P 500 index. The program estimates that accumulated funds could grow to roughly $13 million by age 55 if annual contributions of $5,000 continue.