The SEC has confirmed that families can now open Trump Accounts, the tax-advantaged savings vehicles for American children that come with a $1,000 federal seed contribution. The program, born out of the 2025 reconciliation law, represents one of the most ambitious government-backed investment initiatives aimed at minors in recent memory.
Established under IRC Section 530A as a type of traditional IRA, Trump Accounts are available to US citizens born between January 1, 2025, and December 31, 2028. Each eligible child can receive a one-time $1,000 contribution from the US Treasury, invested primarily in broad market index funds.
The program officially launched on July 4, 2026, though a dedicated mobile app for account management went live a bit earlier, on May 28, 2026. The SEC’s Division of Trading and Markets granted no-action relief in May 2026 to smooth out the regulatory path, essentially giving broker-dealers and fund managers a green light to participate without fear of enforcement action during the rollout.
More than 4 million Trump Accounts had been opened by late March 2026, with over 1 million of those already claiming the initial seed contribution. Philanthropic individuals and organizations have also made additional contributions to children’s accounts.
