Trump Accounts Officially Launch

Activate your child’s Trump Account and start contributing to their future

Eligible children born in years 2025-2028 can begin receiving their $1,000 Trump Account contributions today

Trump Accounts have officially launched, a historic step towards building long-term financial security for the next generation of Americans. Trump Accounts are a new type of tax-advantaged investment accounts designed to give every American child a financial head start. U.S. citizens born in years 2025 through 2028 are eligible to receive a $1,000 government contribution, which will start hitting accounts today.

“Ownership works best when it starts at birth,” said Vlad Tenev, Chairman and CEO of Robinhood. “Trump Accounts help the next generation build a financial foundation from day one, giving them a head start on the American dream. Robinhood is honored to support this program as broker and sole initial trustee, in collaboration with BNY.”

“At BNY, we believe that expanding access to the financial system helps create opportunity across generations,” said Robin Vince, CEO of BNY. “Trump Accounts have the potential to introduce millions of children to the long-term power of saving and investing. As we celebrate America’s 250th anniversary, we are proud to work alongside the U.S. Department of the Treasury and Robinhood on a program that can help more families start building for the future.”

Getting started is easy

If you’ve already activated a child’s account, you can start contributing immediately. If you haven’t elected to open an account yet, here’s how to get started:

• File: Go to TrumpAccounts.gov to learn how to file IRS Form 4547. You can disregard this step if you already completed the form during tax filing.

• Download: Get the Trump Accounts app on iPhone, Android or at trumpaccount.com.

• Register: Create your login in the app. You'll receive a notification once your IRS election is processed. At that point, you can activate the account and begin making contributions directly in the app.

How contributions and investing work 

Starting July 4, Trump Accounts can receive contributions. Contributions are automatically invested in a default qualifying low-cost index fund designed for long-term growth potential. Families can track contributions, account activity, investment performance, and projected growth directly in the app.

When the child turns 18, the account transitions to a traditional IRA and the child will take control of the account. At that time, they may continue investing or choose to take distributions, subject to the rules that generally apply to traditional IRAs.

Support a child’s financial future

Family, friends, employers, and others can all contribute to help build long-term savings for a child’s financial future.

A head start on the American dream

Eligible children born between 2025 and 2028 may receive a $1,000 contribution from the U.S. Department of the Treasury after a valid IRS Form 4547 is processed and a child’s Trump Account is activated. Additionally, some children may also qualify for contributions from qualified class donors, such as nonprofit organizations and state and local governments.

A strong beginning for the next generation 

Any child under 18 with a valid social security number may have an account established for them. Trump Accounts are designed to encourage long-term saving and investing for eligible children.

All investing involves risk. Actual results may differ and are not guaranteed.

Trump Accounts are individual retirement accounts established under federal law and administered under the authority of the U.S. Department of the Treasury. Robinhood Securities, LLC, on behalf of the U.S. Treasury and through its designated financial agent, serves as an initial trustee for Trump Accounts and holds and administers account assets in a fiduciary capacity for account beneficiaries.

Actual results may differ and are not guaranteed. The hypothetical compound growth example is for illustrative purposes only. It is based on a compounding formula that assumes bi-weekly contributions of $50 over a 13-year timeline with a 7% hypothetical annual rate of return. It is not a guarantee of future results and does not account for real-world factors like inflation, taxes, fees, or market changes.

Brokerage and clearing services are provided through Robinhood Financial, LLC, and Robinhood Securities, LLC, respectively, each a registered broker-dealer and member of SIPC.