President Trump's "Trump Accounts" initiative establishes tax-advantaged investment accounts for American children to build long-term wealth, modeled loosely on individual retirement accounts (IRAs). The program, enacted through the One Big Beautiful Bill Act, provides a one-time $1,000 government seed deposit for U.S. citizen children born between January 1, 2025, and December 31, 2028, with parents enrolling via a new IRS form during tax filing.

President Trump joined philanthropists Michael and Susan Dell at the White House to celebrate a historic $6.25 billion gift to “Trump Accounts,” the new child savings program created by the Working Families Tax Cuts Act. The donation will give an extra $250 to the Trump Accounts of the first 25 million U.S. children age 10 and under living in ZIP codes with median household income below $150,000.