U.S. Treasury Launches Trump Accounts App With $1,000 Deposits for Eligible Children
Updated
Updated · KPRC Click2Houston · Jun 1
U.S. Treasury Launches Trump Accounts App With $1,000 Deposits for Eligible Children
3 articles · Updated · KPRC Click2Houston · Jun 1
Summary
May 28 marked the start of phased activation emails for families that already filed IRS Form 4547, with Treasury directing them to finish setup through the new Trump Accounts app or TrumpAccounts.gov.
July 4, 2026 is the program’s official launch date, when eligible children are set to receive a $1,000 Treasury-funded pilot deposit and accounts begin accepting contributions from parents, relatives, employers and other eligible contributors.
Treasury said legitimate activation messages will come only by email from no-reply@TrumpAccounts.Treasury.gov and warned families to ignore any phone calls or text messages claiming to be about account activation.
The program remains open year-round for eligible children before they turn 18, giving families a no-cost way to enroll, though other savings vehicles such as 529 plans may offer different tax or flexibility advantages.