‘Trump accounts’: Wall Street-backed investment funds for children to go live

Published July 4, 2026 · Category: Markets

Overview

Savings plans for children born between January 2025 and December 2028 launched as president seeks electoral boost

Trump accounts, a savings vehicle named after the US president and authorized by congressional Republicans, are set to go live on Saturday, offering American parents a new way to save money for their children by investing in funds managed by major Wall Street firms.

Details

All accounts established for children born between January 2025 through December 2028 – nearly the entirety of Donald Trump’s second term – will receive $1,000 from the government. Parents, friends and employers will be able to deposit as much as $5,000 a year into the accounts.

Source

Originally published at www.theguardian.com.

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