Trump Accounts, established under the Working Families Tax Cuts Act, are tax-deferred investment savings accounts for US children under 18.
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Trump Accounts: How to invest, who’s funding, and more
Trump Accounts are here, and the US government is offering $1,000 to kids born between 2025 and 2028. Americans will have their choice of these five stock funds, each offering something different. Business Insider breaks down everything you need to know about the new accounts — and how to open one.
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Getting Started
To register, parents must sign in to or create an Internal Revenue Service account. They can then submit Form 4547 to elect their child.
A Business Insider reporter gave birth to her daughter in January 2026, so she spoke to financial advisors before setting up an account.
The government is giving account holders a choice between five funds to invest in, but if being a portfolio manager isn't exactly your expertise, you won't have to stress over how to invest the money.
"In just five days since launch, American families have contributed nearly $125 million to Trump Accounts," the White House wrote.
Trump Accounts Backers
A growing number of companies have pledged to match the $1,000 contribution for their employees.
