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Trump Accounts children's savings program 2026
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FIRST ENTRY OCT 01
OCT 01 · Day 1
Trump Accounts auto-enroll more than 60 million children, Treasury says
Based on historical takeup rates for the federal earned income tax credit, an estimated 20% of eligible babies may not claim their $1,000 deposit, Commonwealth found.
To claim a Trump Account, parents or guardians should download the Trump Accounts app, verify their identity and relationship to the child, review the account information and accept the account terms, according to the Treasury.
Tech CEO Michael Dell and his wife, Susan, committed $6.25 billion to provide an additional $250 for children born between 2016 and 2024 who live in ZIP codes where the median income is $150,000 or less.