U.S. Treasury Introduces “Trump Accounts” for Children’s Investment
The U.S. Treasury has launched a new program called "Trump Accounts," which offers a $1,000 federal deposit to eligible children to start investing. The program, administered in partnership with Robinhood and BNY Mellon, is available to any American child born…
Greenville Spartanburg Asheville Anderson, SC, August 3, 2026 —
The U.S. Treasury has initiated a new federal program designed to encourage early investment among American children. Dubbed “Trump Accounts,” the initiative provides an initial $1,000 federal deposit for eligible youngsters. The program aims to foster financial literacy and investment habits from a young age.
Administration of the “Trump Accounts” is being handled in collaboration with financial services firm Robinhood and banking institution BNY Mellon. These partnerships are intended to facilitate the management and operation of the investment accounts.
Eligibility for the program is tied to birth dates. Any American child born within the calendar years 2025 and 2028, inclusive, will qualify to have an account opened under this initiative. The period of eligibility spans from January 1, 2025, to December 31, 2028.
Parents or legal guardians will be responsible for the oversight and management of these investment accounts. They can access and contribute to the accounts via the dedicated website, trumpaccounts.gov. Further details regarding the specific investment options and management features are expected to be available through this portal.
Story summarized from the original created by Rachel DePompa on www.foxcarolina.com, see more information here.