The program, part of the 2025 One Big Beautiful Bill Act, deposits $1,000 in government-backed accounts for children born between 2025 and 2028.
The U.S. Treasury rolled out a nationwide app for Trump Accounts, providing $1,000 in seed money for children born from 2025 to 2028. The initiative, under the One Big Beautiful Bill Act, aims to promote early investing through government-backed starter accounts, with activation emails already sent to participants.
The program officially launches on July 4, following partnerships with Robinhood and BNY Mellon. Accounts require a valid Social Security number and are designed to encourage long-term financial security. Robinhood called the rollout a major step toward building generational wealth.
Treasury Secretary Scott Bessent highlighted the app’s ease of use, stating it will allow millions to contribute and track investments. The policy aligns with broader Republican efforts to address voter concerns over affordability ahead of elections.