The program allows family, friends, and employers to contribute up to $5,000 per year to each Trump Account beginning on the stated start date.
Source summary
Treasury Secretary Scott Bessent delivered remarks describing the new "
Trump Accounts" program, which the statement says will seed a $1,000 investment for every child born between Jan. 1, 2025 and Dec. 31, 2028 that will be invested in an index fund. Families may claim the seed via Form 4547; additional funding channels include family/friend/employer contributions (up to $5,000 per year starting July 4), philanthropic pledges (notably Michael and Susan Dell and Ray and Barbara Dalio), and state contributions. Accounts are described as tax-advantaged, locked until age 18, and usable thereafter for retirement, home purchase, or education; the Treasury frames the program as expanding broad equity ownership.