The administration of US President Donald Trump is launching the "Trump Accounts" programme starting Saturday, granting every American child born between 2025 and 2028 a government-funded investment account worth $1,000, in a move aimed at promoting saving and investing from an early age, coinciding with the United States' celebrations of the 250th anniversary of its independence.
The "Trump Accounts" programme represents one of the most prominent economic initiatives of the US administration, providing families with a new means of building long-term savings for their children alongside college savings plans and tax-exempt retirement accounts.
Andy Blocker, head of policy and government relations at financial services firm Edward Jones, said the $1,000 federal contribution at birth helps remove one of the biggest barriers to saving — the lack of initial capital to get started.
Several major American companies have announced their support for the programme through additional contributions or employee matching programmes, including Visa, Dell Technologies, and Comcast. Micron Technology also pledged this week to allocate $250 million in support of "Trump Accounts".
The $1,000 government contribution benefits American children born between 2025 and 2028. American families can also open accounts for children under 18, provided they have a Social Security number. According to preliminary data from the US Centers for Disease Control and Prevention, approximately 3.6 million children were born in the United States in 2025.
The US Treasury Department oversees the programme, while Robinhood and BNY serve as the administrative custodians of the accounts. Accounts are opened free of charge, and parents, family members, employers, and charitable organisations can contribute up to $5,000 annually on a pre-tax basis. Funds are automatically invested in low-cost index funds targeting long-term growth.