Families can still benefit even if their children aren't eligible for the free $1,000 contribution from the federal government.

Trump Accounts launch July 4, 2026, offering a $1,000 federal seed contribution for newborns with up to $5,000 in annual private contributions.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleTrump has launched ‘Trump Accounts’ for kids…