WASHINGTON, D.C., July 6, 2026 — U.S. President Donald Trump announced Monday that more than 500,000 American children have received the first $1,000 federal deposits into newly created Trump Accounts, marking the official rollout of a new government-backed investment program aimed at encouraging long-term wealth creation for future generations.
The initiative provides a one-time $1,000 investment for eligible U.S. citizen children born between January 1, 2025, and December 31, 2028. The funds are automatically invested in low-cost index funds and are intended to grow over time until beneficiaries reach adulthood.
President Trump marked the launch by remotely ringing the opening bells of both the New York Stock Exchange and Nasdaq from the White House, describing the program as an investment in America’s future and predicting continued strength in the U.S. economy.
Under the program, parents, relatives, employers, and other eligible contributors may add up to $5,000 annually to a child’s account. The investments remain in the child’s name and generally become accessible at age 18, subject to program rules and applicable taxes upon withdrawal.
Several major U.S. companies have also pledged financial support for the initiative. According to administration announcements, firms including Visa, Dell, Comcast, and Micron have committed contributions, with some programs providing additional funds for children from lower-income families.
Supporters say the accounts will help improve financial literacy and give young Americans an early opportunity to build wealth through long-term investing. Critics, however, argue that families with limited financial resources may be unable to make additional contributions, potentially reducing the program’s long-term benefits for lower-income households.
The Treasury Department has launched an official website and mobile app to help eligible families activate and manage their children’s accounts.
