Stock Markets May 28, 2026 04:47 PM

U.S. Treasury Rolls Out 'Trump Accounts' App to Establish Starter Investment Accounts for Children

Mobile application goes live on app stores as Treasury prepares to seed accounts for children born 2025-2028 ahead of July 4 program start

By Derek Hwang HOOD BNY

The U.S. Department of the Treasury has released the 'Trump Accounts' mobile application nationwide, enabling parents and guardians who registered to receive activation emails and download the app. The Treasury says investing through these accounts will commence when the program officially launches on July 4. Under the One Big Beautiful Bill Act of 2025, the Treasury will deposit $1,000 into accounts for children born between 2025 and 2028 with valid Social Security numbers. The app was created in partnership with trading platform Robinhood and custodian bank BNY, and the initiative is intended to promote early, long-term investing through government-backed starter accounts.

U.S. Treasury Rolls Out 'Trump Accounts' App to Establish Starter Investment Accounts for Children
HOOD BNY

Key Points

  • The Treasury has launched the 'Trump Accounts' app on app stores and activation emails have gone out to registered individuals.
  • Investing via the accounts will commence when the program officially begins on July 4.
  • Under the One Big Beautiful Bill Act of 2025, the Treasury will deposit $1,000 into accounts for children born between 2025 and 2028 with a valid Social Security number; the app was developed with Robinhood and BNY.

The U.S. Department of the Treasury on Thursday announced the national release of the "Trump Accounts" mobile application on app stores, advancing a policy designed to create millions of investment accounts for children. Individuals who previously registered for the program began receiving activation emails and can now download the app, the Treasury said.

According to the Treasury, actual investing through these accounts will begin only once the program is formally launched on July 4. The initiative was created under the One Big Beautiful Bill Act of 2025, which directs the Treasury to provide seed funding for eligible children.

Seed deposits and eligibility

Under the program rules set out in the legislation, the Treasury will place $1,000 into newly established accounts for children born between 2025 and 2028 who possess a valid Social Security number. The accounts are intended to act as government-backed starter investment vehicles aimed at encouraging long-term saving and investment from an early age.

Development partners and program purpose

Treasury Secretary Scott Bessent commented on the rollout in a video posted on the social platform X, describing the app as "groundbreaking" and saying it will make it simple for millions of Americans to sign up, contribute and monitor the growth of investments. The Treasury said the app was developed in partnership with trading platform Robinhood (NASDAQ:HOOD) and custodian bank BNY (NYSE:BNY).

The stated objective of the program is to promote sustained, long-term investing habits by providing government-backed starter accounts for children. The structure combines a one-time government seed deposit with a consumer-facing mobile application designed to facilitate account access and contributions.


What the rollout means now

  • Activation emails have been dispatched to registered users and the application is available for download.
  • Investing through the accounts is scheduled to begin when the program officially starts on July 4, per the Treasury.
  • The program covers children born from 2025 through 2028 who have valid Social Security numbers and will receive a $1,000 Treasury deposit into their accounts.

The initiative represents a coordinated effort by the Treasury and private-sector partners to implement a federal savings mechanism targeted at young children. How the program unfolds between the app release and the official program start date will determine user uptake and early operational performance.

Risks

  • The program's investing component will not begin until the official start date of July 4, leaving a window in which operational or administrative issues could affect rollout - this impacts fintech and custody service providers.
  • Eligibility is limited to children born between 2025 and 2028 with a valid Social Security number, which constrains the initial addressable population for the program - this affects government program reach and consumer savings uptake.
  • Successful delivery of the app and accounts depends on the functioning of private-sector partners named by the Treasury, specifically Robinhood and BNY, creating operational reliance on fintech and banking counterparts.

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