TrumpAccounts launches with $800M investment for America's children

The Trump administration picked July 4, 2026 to launch TrumpAccounts, a federally backed investment program for children. The program, created under the One Big Beautiful Bill Act of 2025, provides a $1,000 federal seed contribution to every eligible U.S. citizen born between 2025 and 2028. Families and employers can layer on top of that, contributing up to $5,000 annually on a pre-tax basis. The accounts invest primarily in low-cost U.S. equity index funds, starting with the SPDR Portfolio S&P 500 ETF.

The money behind the program

Michael and Susan Dell pledged $6.25 billion to the initiative. Micron Technology added another $250 million.

The U.S. Treasury Department is overseeing the program, with Robinhood and BNY Mellon handling the administrative infrastructure, including a new app through which accounts will be managed. The Treasury has already issued warnings about scams targeting the program.

Investment options initially center on the SPDR Portfolio S&P 500 ETF, with plans to expand to funds managed by BlackRock and Vanguard. Eligible children gain full control of their accounts at age 18.