As the July 4 effective date for “Trump Accounts” approaches, the Trump administration is preparing to launch the nationwide child-savings program the White House said will “jumpstart the American Dream” through government-funded investment accounts for eligible children.
As Zeale News previously reported, the “Trump Accounts” initiative will provide U.S. citizens born between Jan. 1, 2025, and Dec. 31, 2028, with a one-time $1,000 government contribution. The funds must remain untouched until the child turns 18.
Treasury officials have called the initiative a “defining policy” of America’s upcoming 250th birthday, citing expanded financial opportunities and long-term investment savings for American families.
THE GIFT THAT KEEPS ON GIVING.
— The White House (@WhiteHouse) May 10, 2026
The Trump Administration is supporting American families like never before with Trump Accounts, helping give the next generation a jumpstart toward their future. https://t.co/iZOqExKN6o 💸 pic.twitter.com/2O58bmmbSu
Beginning July 4, families and other eligible contributors will be able to deposit up to $5,000 annually into qualifying accounts under the program. Employers, charitable organizations, and government entities may also contribute to accounts.
Parents or legal guardians will manage the funds until the child reaches adulthood, while eligible families will be able to request the government’s $1,000 contribution through IRS Form 4547.
Michael Dell, founder of Dell Technologies, and his wife, Susan Dell, previously announced a $6.25 billion commitment intended to help support accounts for millions of children nationwide.
As Zeale News previously reported, Dell said he and his wife view investing in children as “the smartest investment we can make.”