Big businesses and big names are encouraging Americans to cash in on the recently touted "Trump Accounts."
President Donald Trump's administration hosted a Trump Accounts Summit on Jan. 28 to unveil a new federal program that will create savings accounts for American children born between Jan. 1, 2025, and Dec. 31, 2028. Officially called 530A accounts, the "Trump Accounts" are populated by a $1,000 deposit from the federal government and intended to serve as seed money that parents contribute to and invest over time.
The provision was part of Trump's 'Great Big Beautiful Bill' and was endorsed by Trump at the event, alongside rapper Nicki Minaj, who appeared on stage next to the president. Beginning July 4 — the nation’s 250th anniversary — family, friends and employers will be able to contribute up to $5,000 to each Trump Account each year, according to the U.S. Department of the Treasury.
A growing list of employers, celebrities and billionaires have jumped on the wagon, pledging contribution matches up to $1,000. Here are the companies and people who have announced plans to contribute to 530A accounts so far.
530A accounts face tax issue: Babies will get their $1,000 'Trump accounts' in 2026 – along with tax complications
