Treasury Opens Trump Accounts to Stock Donations as 6 Million Children Sign Up
Updated
Updated · The Washington Post · Jul 2
Treasury Opens Trump Accounts to Stock Donations as 6 Million Children Sign Up
3 articles · Updated · The Washington Post · Jul 2
Summary
Treasury said Thursday that companies, nonprofits and state and local governments will be able to donate publicly traded stock to the new child investment accounts starting with the program’s Saturday launch.
More than 6 million people have enrolled, and about 1.4 million accounts qualify for $1,000 in federal seed money for children born between 2025 and 2028.
Stock gifts will be transferred by Treasury into recipients’ accounts under donor instructions and Treasury guidance, while cash contributions will be automatically invested in SPYM, the lowest-cost S&P 500 ETF.
The move comes as major AI companies weigh ways to share their growth more broadly; Semafor reported the administration has discussed possible stock donations with Elon Musk’s SpaceX.
With all cash automatically invested in the S&P 500, how secure is this new savings plan for children?
Could these new child investment accounts accidentally sabotage your family's chances for crucial college financial aid?
Trump Accounts: $1,000 Federal Kickoff, Stock Donations, and the Debate Over America’s Child Wealth Gap
Overview
On July 2, 2026, a major announcement introduced a new way to support Trump Accounts by allowing individuals and organizations to donate stock directly, a change that required new legislation. This move marks a significant step for the Trump Accounts program, which was created under the Working Families Tax Cuts law to help children start saving and investing early. By making stock donations possible, the program aims to give millions of American children, including those born into poverty, a better chance to benefit from market growth and build a strong financial foundation for their future.