Custodial Investment Accounts for Children

Established under the One Big Beautiful Bill Act in July 2025, Trump Accounts are tax-advantaged investment accounts managed and funded by a parent or guardian until the child turns 18. After the account holder turns 18, funds can be accessed without penalty for qualified expenses like education, a first home purchase, or starting a business. Withdrawals may be subject to restrictions and would be taxed at ordinary income rates.

For children born between Jan. 1, 2025, and Dec. 31, 2028, the U.S. Treasury will deposit $1,000 into each account.

Children born before 2025 are not eligible for this deposit but may still open an account. The Michael and Susan Dell Foundation has pledged to contribute $250 for up to 25 million children age 10 and under, born before 2025, who live in ZIP codes with a median household income below $150,000. Full details on this initiative are still pending.

Trump Accounts will launch on July 4, 2026.