The Treasury Department has officially rolled out the Trump Accounts app. Here is what to know about the accounts and how to get the app.The Treasury announced the rollout on Thursday, with the Trump Accounts app hitting app stores for both iOS and Android. The app will allow parents and beneficiaries to access the accounts after the program’s launch on July 4.
Trump Accounts are new tax-deferred investment savings accounts designed for children, to which parents, family members, and others can contribute money. The funds can be tapped into after the beneficiary turns 18.
The program, which was created as part of last year’s One Big Beautiful Bill Act, is designed to get young people interested in investing and to help grow financial literacy in the United States. Treasury Secretary Scott Bessent said Thursday they are designed to “build long-term financial strength from day one.”
“By putting easy access to Trump Accounts directly in the hands of parents and young Americans, we are helping to ensure that America’s youth are included in this new era of economic participation,” Bessent said in a statement.
Who is eligible?
