The U.S. Treasury Department confirmed on Thursday that an app for the new Trump Accounts is available in app stores, and it will serve as the way for people to access them.
The Trump Accounts program was announced as part of the One Big Beautiful Bill that President Donald Trump signed into law last year. They are intended to provide $1,000 to every newborn as long as the parents open an account. The money will be invested into the stock market, and the children can access the funds as soon as they turn 18.
App Gives ‘Easy Access,’ Treasury Says
“The Trump Administration is taking another step forward in expanding opportunity for American families. The Trump Accounts app delivers a simple, secure way for households to begin engaging with a program designed to build long-term financial strength from day one,” Treasury Secretary Scott Bessent said in a statement on Thursday.
“By putting easy access to Trump Accounts directly in the hands of parents and young Americans, we are helping to ensure that America’s youth are included in this new era of economic participation.”
A review by The Epoch Times shows that the app was available on the Apple App Store, used by iPhones and iPads, and Google’s Play store, used by Android devices.
A day earlier, Bessent said during a Cabinet meeting that nearly 6 million children have been signed up to the accounts. The Internal Revenue Service (IRS) included a sign-up section for the Trump Accounts on tax forms this year.
Accounts in Effect July 4
The Trump Accounts, meanwhile, officially go into effect on July 4, coinciding with the 250th anniversary of the signing of the Declaration of Independence. Parents, family members, employers, and other eligible contributors will be able to put money into an account, the department said.
“Also starting July 4, 2026, eligible children will begin receiving the $1,000 pilot program contribution from the U.S. Department of the Treasury deposited directly to their Trump Account,” the Treasury said on its news release Thursday.
Parents can contribute up to $2,500 annually in pretax income, much like they would for retirement accounts. Meanwhile, yearly contributions are capped at $5,000, but contributions from governments and charities don’t count toward that total.
To qualify for the $1,000 seed money, a baby must be a U.S. citizen, have a Social Security number, and be born between Jan. 1, 2025, and Dec. 31, 2028. Any parent can open an account for a qualifying child, regardless of the parent’s immigration status.
As part of the initiative’s launch, parents of older children are also encouraged to open accounts, but they will not get the $1,000 bonus.
Billionaires Have Contributed Funds
In December 2025, billionaires Michael and Susan Dell announced a $6.25 billion donation that will allow some children age 10 and under to receive $250 in seed money if their parents open an account. That money is reserved for those who reside in ZIP codes with a median family income of $150,000 or less and who won’t get the $1,000 seed money from the Treasury.
A few weeks later, hedge fund founder Ray Dalio and his wife, Barbara, pledged $75 million for children under 10 in Connecticut, where the Dalios live. That would amount to $250 for 300,000 children in qualifying ZIP codes.
Treasury Warns of Potential Scams
People who signed their children up for the accounts are being advised to “look for an email confirming that your election to open your child’s Trump Account was processed and prompting you to complete account activation” as of Thursday, the latest Treasury release said.
It also warned that activation emails will only be sent by the official [email protected] email account, suggesting that the department will not contact people about the accounts by phone or via text message.
“If you receive a call or text about a Trump Account, do not respond; it is likely a scam,” the Treasury said.
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California’s Central Valley.
Reprinted with Permission from The Epoch Times – By Jack Phillips
The opinions expressed by columnists are their own and do not necessarily represent the views of AMAC or AMAC Action.
California democrat politicians and bureaucrats have already scammed this program by making it taxable using the franchise tax board to do it’s dirty work. Democrats could care less about our future and their disdain for President Trump is on full display. This plague must be eradicated.
Wonderful news for the generation who are born in that time period. Another policy of President Trump for the future of our country. Not the destruction that the dems are supporting 24/7 with their support of criminal illegals in this country. They would rather die by obstructing ICE than supporting this policy. They love lawlessness and bringing down our government, Our Constitution than support this policy. Their hatred for America and its citizens is evident more and more every day. They support the destruction of this country and its citizens.
It sounds wonderful on the surface and it’s already been promised to the people. But without a proper birthright policy, I think this will quickly become the biggest scam of all.
Through all of the comments below I have yet to hear above all the complaints anyone who seems to care enough about their children or grand children being blown up by a nuclear Iran. That is real life. How about some support while we go through a trying time but know it took this president to do something. It’s not a quick game. President Trump wants to eliminate the threat for good so we and our future generations have the freedom and prosperity we deserve. Stop whining!
This is such a great start for young families with children. Thanks to the charities who have included children under ten years.When my kids were young, we used “piggy banks” and when it reached a certain amount, it went into a pass book savings. Was a chunk of change as they reached eighteen. Funny how times have advanced.
How about giving $1,000+ to every legal American senior citizen? Thanks to Obama & Biden, many of us are now struggling. Thanks to our government my savings is totally gone. That 2.8% COLA was just another slap in the face, cost of living rose a lot more than the lousy 2.8% we received in social security. If I sound angry, you’re damn right I’m angry. This is the USA, the richest country in the world, no one should be homeless nor struggling to make ends meet. We’ve got senior citizens who worked 30, 40, 50 years.
It’s time to put scammers, ID thieves, and ALL other fraudsters in prison for a minimum 20-year sentence.
We shouldn’t be doing this at all. You have a baby, you handle it. That’s how we did it.
Grand parents or just parents?
Gov NewSCUM, Top Turd within the DamnoRAT cess pool or pure evil, is trying to TAX ALL Trump Accounts for newborns and children. I guess that no big deal to these sadistic bastards to tax babies and children, since they missed getting the chance to MURDER THEM, in the name of abortion of course. He is the strongest argument FOR ABORTION – RETROACTIVE ABORTION THAT IS.
I don’t see it in the App Store. Only “White House” shows up
“…regardless of the parent’s immigration status”????? What?????
How can you contribute money when every penny is gong for gas and groceries? And the high prices are caused by the very person telling you to save! What an ego! I haven’t been able to put money into savings in the last year because it now takes every penny I have coming in to pay the bills. Or should I have said nickel since that same jerk got rid of the penny?