Trump Accounts Launch With $1,000 Treasury Deposits for More Than 500,000 Children
The White House-backed Trump Accounts program went live over the weekend, opening investment accounts for children and seeding eligible ones with $1,000 from the U.S. Treasury. The federal contribution applies to children born between Jan. 1, 2025 and Dec. 31, 2028, and Trump said more than 500,000 children had already received the one-time deposits, which are invested in an S&P 500 index fund.
The White House has also described the accounts as free to open for U.S. children under 18 with a Social Security number, even though only the 2025-2028 birth cohort gets the federal seed money. Mike Novogratz said his firm would match the government's $1,000 for each employee's child, bringing those starting balances to $2,000. A Polymarket post later said Robinhood's chief executive disclosed 6 million children had signed up before launch, though the supplied material gave no further detail on that figure.
From the sources (25 posts)
@reutersTrump to mark U.S. 250th anniversary with campaign-style rally on National Mall
@reutersTrump Accounts to debut as US kicks off 250th Independence Day celebrations
@businessEligible children can receive $1,000 to start a Trump Account. Here's how parents can turn that head start into long-term savings
@businessPresident Donald Trump will headline US Independence Day celebrations on Saturday with a speech and a show that seek to place him at the center of the nation’s 250th anniversary.
@cnbcTrump to mark U.S. 250th anniversary with campaign-style rally on National Mall
@presssecTrump Accounts officially launch one year after being signed into law
@polymarketmoneyNEW: President Trump says the U.S. Treasury will now accept publicly traded stock donations to fund “Trump Accounts.”
@firstsquawkTrump Accounts officially debut for children born between 2025 & 2028- Polymarket
@secscottbessent.@TrumpAccounts are now live, giving every child a stake in the American Dream from day one thanks to @POTUS. The Trump Accounts app is now updated with the full suite of account capabilities: you can start funding your child’s account, ex
@rapidresponse47RT @SecScottBessent: .@TrumpAccounts are now live, giving every child a stake in the American Dream from day one thanks to @POTUS. The Tru…
@katiemillerRT @Gwynne_Shotwell: My husband and I are honored and thrilled to participate in the Invest America program and gift a share of our SpaceX…
@katiemillerAt the current value of @SpaceX stock the gift from Gwynne and her husband is valued at $325 million.
@deitaone$HOOD - ROBINHOOD - LAUNCHES TRUMP ACCOUNTS ON JULY 6, 2026 - WEBSITE
@rapidresponse47RT @altcap: Boom! 2 M shares of @SpaceX to the @TrumpAccounts of 2 M kids that will be held until they are 18. Thank you Gwynne & Robert…
@deitaone$SPCX - SPACEX PRESIDENT TO DONATE SHARES TO TRUMP ACCOUNTS SpaceX President Gwynne Shotwell said she and her husband will donate SpaceX shares to more than 2 million Trump Accounts for eligible children. Details of how the stock donatio
@ericldaugh🚨 BREAKING: 2 MILLION SpaceX shares are now being donated to the Trump Accounts by the SpaceX President and COO, DIRECTLY benefiting America's children and their future AWESOME! 🔥 SpaceX is filled with patriots! SpaceX President Gwynne S
@polymarketintelSpaceX President Gwynne Shotwell and her husband to donate SpaceX shares to over 2 million Trump Accounts for eligible children.
@rapidresponse47Brad Gerstner (@altcap) on the launch of @TrumpAccounts: "We're going to have the first-ever joint bell ringing by the Nasdaq and NYSE, and the first-ever remote bell ringing from the Oval Office." "It is the largest unlock of direct phila
@rapidresponse47RT @MichaelDell: Thank you @Gwynne_Shotwell & Robert! 🙏🚀 Gifting @SpaceX shares to 2M kids’ @TrumpAccounts is legendary generosity. Empowe…
@rapidresponse47.@TrumpAccounts 🔥🇺🇸
@ericldaugh🚨 NOW: President Trump's Trump Accounts could obtain American children $303,000 THOUSAND DOLLARS by age 18 on max contributions LFG! This is a LEGACY achievement for Trump 🇺🇸 47 will now be ringing the NASDAQ and NYSE bell from the Oval O
@presssecRT @RapidResponse47: .@TrumpAccounts 🔥🇺🇸
@whitehouseDON’T MISS IT: 🔔 Today at 9:30 AM EST, President Donald J. Trump rings the opening bell of the New York Stock Exchange and Nasdaq from the Oval Office in a historic first.
@presssecU.S. President Donald Trump Rings the Opening Bell in Celebration of the First Day of Trading of Trump Accounts
@reutersTrump rings opening bell at New York Stock Exchange