The U.S. government has launched Trump Accounts, a new tax-advantaged investment program for newborns. The One Big Beautiful Bill Act authorized these 530A accounts, which opened for contributions on July 4, 2026.
Children born between January 1, 2025, and December 31, 2028, who are U.S. citizens qualify. The federal government provides a one-time $1,000 seed contribution. Parents and guardians can add up to $5,000 annually, with employer contributions capped at $2,500 per year.
These are not savings accounts. Funds are restricted to low-cost mutual funds or ETFs that track major U.S. equity indices, such as the S&P 500. Cryptocurrencies and other digital assets are explicitly excluded.
Significant private capital is already flowing into the program. The Dell Foundation has pledged $6.25 billion to support additional deposits into eligible accounts.