KINGS PARK, NY – Parents of eligible children born between January 1, 2025, and December 31, 2028, can receive a $1,000 investment from the U.S. Treasury through the new federal Trump Accounts program, a long-term savings initiative created under the One Big Beautiful Bill Act.
The program gives qualifying children a financial head start by depositing $1,000 into a tax-advantaged investment account. The funds are invested in a diversified U.S. stock index fund, allowing the account to grow over time based on market performance. Parents or legal guardians must establish the account and complete the required enrollment process for eligible children to receive the Treasury contribution.
Unlike a traditional savings account, Trump Accounts are designed as long-term investment accounts. Family members, employers, nonprofit organizations and other eligible contributors may also add money to the account, subject to annual contribution limits established by federal law.
What is a Trump Account?
A Trump Account is a federally authorized investment account created to encourage long-term saving and investing beginning at birth. Every eligible child receives a one-time $1,000 contribution from the U.S. Treasury, while additional voluntary contributions may be made over time.
The account is invested in a broadly diversified U.S. stock index fund rather than individual stocks, helping keep investment costs low while providing exposure to the overall U.S. stock market. Like any investment, account values can rise or fall depending on market performance.
Who is eligible?
To receive the Treasury’s $1,000 contribution, a child generally must:
- Be born between January 1, 2025, and December 31, 2028
- Be a U.S. citizen
- Have a valid Social Security number
- Have a Trump Account established by a parent or legal guardian in accordance with federal requirements
Children born outside the eligibility period may still be able to open a Trump Account, but they are not eligible for the government’s one-time $1,000 contribution.
Why was the program created?
Supporters of the program say the goal is to help more Americans begin adulthood with investment savings that have had years to grow through compound returns. Rather than simply placing money into a savings account, the program encourages long-term investing by placing the Treasury’s contribution into a diversified stock index fund. Additional contributions from parents and others can significantly increase the account’s value over time. The program is one of several provisions included in the One Big Beautiful Bill Act aimed at expanding savings opportunities for American families.
Could the account really grow to hundreds of thousands of dollars?
Potentially, but only if additional contributions are made over many years.
According to projections released by the White House Council of Economic Advisers, an account receiving the maximum allowable annual contributions and earning investment returns comparable to long-term historical U.S. stock market performance could exceed $300,000 by the child’s 18th birthday.
By comparison, an account receiving only the government’s initial $1,000 contribution and no additional deposits is projected to grow to approximately $5,800 by age 18 under the same assumptions. Actual investment returns will vary and are not guaranteed.
When can the money be used?
Trump Accounts are intended to encourage long-term saving rather than short-term spending.
Federal law places restrictions on when and how money may be withdrawn. Certain withdrawals may be permitted for qualifying purposes such as higher education, purchasing a first home or starting a business, while unrestricted access generally does not occur until later adulthood. Families should review the official program rules before making withdrawal decisions.
How do parents enroll?
Parents and legal guardians can establish a Trump Account through the official federal enrollment process or by filing IRS Form 4547, which was recently released by the Internal Revenue Service.
Once the account has been established, eligible children will receive the Treasury’s one-time $1,000 contribution, and additional contributions may be made over time within annual federal limits.
For complete eligibility requirements, enrollment information and program updates, parents should consult the official resources provided by the U.S. Treasury, Internal Revenue Service and Investor.gov.
Key Facts & Details
| Category | Information |
|---|---|
| Program | Trump Accounts |
| Government Contribution | $1,000 one-time Treasury investment |
| Eligible Birth Dates | January 1, 2025 – December 31, 2028 |
| Eligible Child | Generally U.S. citizen with a valid Social Security number |
| Investment | Diversified U.S. stock index fund |
| Additional Contributions | Permitted, subject to annual federal limits |
| Enrollment | Parent or legal guardian establishes the account through the federal enrollment process |
| Purpose | Encourage long-term investing and savings beginning at birth |
