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Who wants their child to be a millionaire? Trump has given you that chance
Trump Accounts, launched on July 4, are tax-advantaged investment accounts for children born from 2025 through 2028. Eligible children receive a $1,000 initial contribution from the U.S. Treasury, with families able to contribute up to $5,000 annually. The accounts convert to IRAs at age 18, and contributions from employers, charities, and governments are permitted under specific conditions.
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- Trump Accounts are now live. Here's how to register.
- These are the millionaires and billionaires pledging to fund Trump accounts
- ‘Trump accounts’: Wall Street-backed investment funds for children to go live
- ‘Trump accounts’: Wall Street-backed investment funds for children to go live