New “investment vehicles designed for children under 18. Babies born between Jan. 1, 2025, and Dec. 31, 2028, are eligible to receive $1,000 from the Treasury Department to initiate their savings. Participation is restricted to U.S. citizens.
The initiative was established under the One, Big, Beautiful Bill Act, which was signed into law on July 4.
The government indicated that these funds will be invested in low-cost vehicles that track the S&P 500. Officials noted that the initial $1,000 deposit has the potential to grow significantly over time.
Parents, guardians, friends, and corporations are all permitted to contribute to a child’s Trump Account. Children may receive up to $5,000 annually, a contribution limit that will be adjusted periodically to account for inflation.
