Trump Accounts launch with a $1,000 federal seed contribution, defaulting into S&P 500 index funds. Over 6 million Americans have signed up for the program.

The new investment account program for children launches July 4. Kids born from 2025 to 2028 are eligible for a $1,000 contribution from the government.

Trump Accounts, a new federal savings and investment vehicle for children, went live on July 4.