S. Treasury. The program, known as Trump Accounts, began on July 4 and offers a $1,000 initial deposit for eligible children to start investing.

The accounts are tax-advantaged and available to children under the age of 18. American children born between 2025 and 2028 are eligible to receive the $1,000 federal deposit. gov, as the program is administered in partnership with Robinhood and BNY Mellon.