Trump Touts New Child Investment Accounts

Accounts dubbed 'Trump accounts' aim to provide financial boost for kids

Jan. 28, 2026 at 12:31pm

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President Trump announced the launch of new investment accounts for children, dubbed 'Trump accounts,' that will allow individuals, employers, and the government to contribute funds that can grow tax-free until the child turns 18. Trump predicted the accounts could reach $50,000 to $300,000 in value by the time the child becomes an adult.

Why it matters

The new child investment accounts are part of the Trump administration's efforts to provide more financial opportunities and security for American families. The accounts could help give children a significant financial head start as they enter adulthood, though critics have raised concerns about the program's costs and potential for abuse.

The details

The tax-free accounts are available for children who do not turn 18 before the end of the calendar year in which their parents open an account. The Treasury Department will contribute $1,000 to accounts for children born between January 1, 2025 and December 31, 2028. Individuals can contribute up to $5,000 annually, and employers can contribute up to $2,500 per year. The funds must be invested in mutual funds or ETFs that track the S&P 500 or other major equity indexes.

  • The One Big Beautiful Bill Act, which established the child investment accounts, was signed into law by President Trump in July 2025.
  • The Treasury Department will contribute $1,000 to accounts for children born between January 1, 2025 and December 31, 2028.

The players

Donald Trump

The 45th President of the United States, who announced the launch of the new child investment accounts, dubbed 'Trump accounts.'

Michael Dell

A billionaire technology entrepreneur who joined President Trump on stage for the announcement of the child investment accounts.

Kevin O'Leary

A billionaire investor and TV personality who also joined President Trump on stage for the announcement.

Nicki Minaj

A popular rapper who attended the Treasury Department event where President Trump touted the new child investment accounts.

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What they’re saying

“Decades from now, I believe the Trump accounts will be remembered as one of the most transformative policy innovations of all time.”

— Donald Trump, President of the United States (The Hill)

“With every modest contribution, Trump accounts should reach at least $50,000 in value by the time the child turns 18, and could be very substantially more than that.”

— Donald Trump, President of the United States (The Hill)

What’s next

The Treasury Department will begin accepting applications for the new child investment accounts on January 1, 2026.

The takeaway

The launch of the 'Trump accounts' represents the administration's efforts to provide more financial security and opportunities for American families, though the program's long-term costs and potential for abuse remain concerns that will need to be addressed.