The Treasury Department introduced a mobile app Thursday enabling families to access Trump accounts, the new tax-deferred accounts for children born between Jan. 1, 2025 and Dec. 31, 2028.
Trump accounts were included as part of last year's One Big Beautiful Bill Act and enable newborns to receive a $1,000 contribution from the government.
Parents and legal guardians sign up their children for the accounts by submitting
"The Trump administration is taking another step forward in expanding opportunity for American families," said Treasury Secretary Scott Bessent in a statement Thursday. "The Trump accounts app delivers a simple, secure way for households to begin engaging with a program designed to build long-term financial strength from day one. By putting easy access to Trump accounts directly in the hands of parents and young Americans, we are helping to ensure that America's youth are included in this new era of economic participation."
Starting July 4, children's Trump accounts will be able to accept contributions from parents, family members, employers and other eligible contributors, subject to annual limits. Also starting July 4, eligible children will begin receiving the $1,000 pilot program contribution from the Treasury deposited directly to their Trump account.
The Treasury Department is already on the lookout for possible scams and cautioned that during the initial rollout period, activation emails will come only from no-reply@TrumpAccounts.Treasury.gov. Parents and guardians should follow the instructions in the email to set up their child's Trump account to complete the account activation steps through the mobile app or by visiting
It said it would not contact parents or guardians by text message or phone call. If they receive a call or text about a Trump account, they should not respond as it is probably a scam.
