The program begins on July 4, 2026, the 250th anniversary of American Independence.
WASHINGTON—The Treasury Department is hosting a full-day summit on Wednesday to mark the launch of Trump Accounts, the new accounts for children created by the One Big Beautiful Bill Act. President Donald Trump is delivering the keynote address.
Trump’s Invest America program gives every child under 18 with a Social Security number access to a federally overseen savings and investment account that families can activate beginning July 4, 2026.
“Since this historic program was first announced, we have seen a tsunami of support from philanthropists, companies, charitable organizations, and everyday Americans,” Treasury Secretary Scott Bessent said as he opened the event, calling the accounts “a generational downpayment on the American dream.”
Under the program, children born on or after Jan. 1, 2025, will automatically receive a $1,000 Treasury deposit at birth, and families and community members may contribute up to $5,000 total per year. Employers may contribute up to $2,500 annually to an employee’s child, and philanthropic or government contributions are uncapped.
The program begins on July 4, 2026, the 250th anniversary of American Independence.
Trump accounts will be available at TrumpAccounts.gov. These accounts will be created for U.S. citizens only, and parents will not be required to set up the account before a child’s birth.
In December 2025, billionaires Michael and Susan Dell announced they would donate $6.25 billion to support Trump Accounts to benefit roughly 25 million children born before 2025.
Parents who want to take advantage of the Dell family program should visit TrumpAccounts.gov to ensure they complete the necessary steps to sign up eligible children aged 10 and under.
“This is a fantastic policy,” entrepreneur and investor Kevin O’Leary said during the event. “I applaud the administration. And I think what I like about it the most is I can’t find anybody red or blue that doesn’t like this idea.”
This is a breaking story and will be updated soon.
By Emel Akan
