06/15/2026
$1,000 is being handed to you for your newborn. Here's What Parents Need to Know About "Trump Accounts" 👶💰
The Trump accounts are now LIVE and you can file for yours! At https://www.trumpaccounts.gov you can either download the form to file or download the app.
How should you use this account?
1) Children born between January 1, 2025 and December 31, 2028 may be eligible for a $1,000 government contribution into a new investment account established in their name.
2) Family members and others can contribute additional money each year (subject to annual limits).
3) The money must be invested in broad U.S. stock market index funds.
4) In most cases, the funds can't be accessed until the child reaches adulthood.
And by the way, these accounts are very similar to 529s so take your $1,000, be grateful but you have other options to add to make a big impact in your child's financial life.
Time is one of the most powerful financial tools available. A $1,000 investment at birth has nearly two decades to grow before that child becomes an adult. Add regular contributions from parents, grandparents, or even employers, and the impact can be significant. (Even just $25 a month!!)
If you're expecting a child, recently had a baby, or have grandchildren born during the eligibility period, this is worth paying attention to.
The account itself won't guarantee financial success but it's a great head start!!
