US EditionKids Born After 2025 May Get a $1,000 Investment Account From the Government. Here's What to Know
Every eligible child will receive a $1,000 federal seed contribution to a new investment account designed to encourage long-term savings and private contributions.
- The U.S. Treasury will create and administer Trump Accounts for children born 2025-2028, with a $1,000 seed contribution, launching soon after submission.
- The law created Trump Accounts to seed long-term savings for children born January 1, 2025–December 31, 2028, to promote early financial security.
- Parents can open accounts by filing IRS Form 4547 online at trumpaccounts.gov or with their 2025 tax return, and the IRS will establish each account after submission.
- Contributors may give up to $5,000 annually, with employer contributions limited to $2,500, and IRS guidance on withdrawal timing remains unsettled, possibly on Jan. 1 of the year the child turns 18.
- Investment rules restrict funds to low-cost index funds with at least 90% U.S. holdings and a 401 cap, with pledges from major donors including Ray and Barbara Dalio, JPMorgan Chase, and BlackRock.
16 Articles
16 Articles
Trump Accounts promise opportunity but reinforce inequality
When President Donald Trump launched his new “Trump Accounts” for babies, he surrounded himself with billionaires, big banks and a surprise guest: rap star Nicki Minaj. Minaj has pledged hundreds of thousands of dollars, reported between $150,000 and $300,000, to fund Trump Accounts for her fans’ children, the so-called “Barbz babies.” But Trump Accounts are political fool’s gold: shiny and celebrity-studded on the surface, structurally designed…
Bulletin-Review
Jill On Money: 'Trump Accounts' — What you need to know
Recently the Administration went on a PR junket to highlight the newly established “Trump Accounts.” These accounts were created when the One Big Beautiful Bill Act passed last summer, and they establish a long-term savings vehicle for every American child…
Crypto Exchange Kraken Pledges Support for “Trump Accounts” in Wyoming
Crypto exchange Kraken has announced a commitment to support the new U.S. federal savings program known as Trump Accounts by sponsoring these accounts for every child born in Wyoming in 2026. The move places Kraken at the intersection of digital asset innovation and long‑term savings policy, and marks a notable moment where a major crypto firm publicly aligns with a federally backed financial initiative. The Trump Accounts program is a tax‑adva…
Treasury teases update to Trump accounts
Treasury Secretary Scott Bessent said Thursday that an update to the Trump Accounts program is coming, following a White House summit with the president and rapper Nicki Minaj. The announcement drew instant attention for its policy stakes and its unusual guest list. Officials did not release specifics, leaving key questions on scope, timing, and cost. The brief statement came after the closed-door meeting in Washington. No fact sheet or rule tex…
Coverage Details
Bias Distribution
- 86% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
