US President Donald Trump has announced a new federal initiative titled “Trump Accounts,” aimed at giving every newborn American child a financial foundation from birth through a government-funded investment account.
Unveiling the programme at the Treasury Department’s Trump Accounts Summit, Trump said the initiative is designed to ensure children begin life with assets instead of debt. He described it as a long-term investment in the country’s future, providing every child with a financial stake that can grow over time.
Under the proposed programme, the US government will automatically open a tax-free investment account for every child born in the United States. Each account will be seeded with an initial $1,000 contribution at birth. In addition, parents, employers, state governments, and private donors will be allowed to make further contributions to the account.
Trump said families and supporters can add up to $5,000 per year, and even modest contributions could significantly grow the fund. According to his projections, the account could reach $50,000 by the time a child turns 18, with the potential to grow much higher over the long term. He claimed typical accounts could eventually reach $100,000 to $300,000 or more, depending on contributions and investment performance.
Calling the initiative unprecedented, Trump said the programme could place $3–4 trillion in wealth into the hands of young Americans over the next 15 years, particularly benefiting those who might otherwise start adulthood with limited financial resources. He linked the initiative to what he described as a broader pro-worker economic agenda, which includes proposals such as no tax on tips, overtime, or Social Security.
The President highlighted strong private-sector backing for the programme. He revealed that Michael and Susan Dell have pledged $6.25 billion to fund accounts for an additional 25 million children aged 10 and under, calling it one of the largest private donations in history. Several major companies — including Uber, Schwab, Charter Communications, Intel, Nvidia, Broadcom, IBM, and Comcast — have also committed to contributing. Trump added that Visa is developing a platform to allow users to directly deposit cashback rewards into Trump Accounts.
Parents will be able to activate their children’s accounts starting July 4 through a dedicated government website. Trump framed the programme as a defining policy of his presidency, stating that while previous administrations left future generations with debt, his administration aims to leave every child with tangible assets and a pathway to financial independence.
If implemented, Trump Accounts would become the first universal, government-seeded investment programme for all newborns in the US, marking a major shift in how federal policy supports families and long-term wealth creation.
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