Trump Accounts $1,000 Bonus for Every New American Child Born from 1/1/2025 to 12/31/2028

Trump Accounts are offering a $1,000 free bonus contribution from the U.S. Treasury for every new American child that is born between January 1, 2025, and December 31, 2028, and all that you have to do is open a free account for your child with no deposit requirements.

If you are the parent or legal guardian of an American child born between January 1, 2025, and December 31, 2028, who possesses a valid Social Security Number, you can get a free $1,000 contribution from the U.S. Treasury for your child as early as July 4, 2026.

After the $1,000 free bonus contribution is added to your child’s Trump Account, it will automatically be invested into a low-risk stock fund of American companies until it becomes available for your child when they turn 18 years old.

Although not required, you may also contribute up to $5,000 per year for your child, but contributions will generally be made with after-tax dollars, which means there is no tax deduction for contributions.

Once your child turns 18, they can withdraw the funds to use for qualified expenses, such as an education, a first home purchase or starting a business, or they can allow the funds to continue to grow as an investment.

Take advantage of Trump Accounts to get a $1,000 free bonus contribution from the U.S. Treasury for every new American child born between January 1, 2025, and December 31, 2028, which is set to be added to your child’s account as early as July 4, 2026.

Opening Trump Accounts

1. Visit TrumpAccounts.gov and complete Form 4547 to get started.

2. Download the Trump Accounts App for iOS or Android devices.

3. Create a free account in the app.

4. Wait for your invite to arrive in the coming weeks.

5. Trump Accounts are officially launching on July 4, 2026.

Eligibility for Trump Accounts

To be eligible for a Trump Account, your child must be a U.S. citizen under 18 with a valid Social Security Number, and parents or legal guardians can open and manage the account on behalf of the child.

Trump Accounts are tax-advantaged investment accounts for U.S. citizens under the age of 18, and while the account is fully in your child’s name, you are the sole custodian until they turn 18.

However, please note that only children born between January 1, 2025, and December 31, 2028, will get the $1,000 free bonus from the U.S. Treasury.

Contributions for Trump Accounts

For children born between January 1, 2025, and December 31, 2028, the U.S. Treasury will make a 1-time bonus contribution of $1,000 to your account as early as July 4, 2026.

Beyond that initial $1,000 U.S. Treasury bonus contribution, families, friends and employers can contribute up to $5,000 per year per child, beginning on or after July 4, 2026.

Contributions by family to Trump Accounts will generally be made with after-tax dollars, which means there is no tax deduction for contributions, although some contributions made by an employer, a charity, or the government can be made with pre-tax dollars.

Additionally, contributions to a Trump Account will not affect the contribution limits on other tax-advantaged retirement accounts, such as IRAs.

If you have multiple children, you may open a Trump Account for each separate child, and if you have more than one child born between January 1, 2025, and December 31, 2028, each child will receive their own $1,000 bonus from the U.S. Treasury.

Investments for Trump Accounts

The funds in your Trump Account will be invested in a diversified investment vehicle designed to maximize long-term growth while minimizing risk, including a variety of stocks from American companies.

You will be able to view which specific stocks you own via the Trump Account App, which is now available for iOS and Android devices. Website access should be available as well.

Any potential appreciation or earnings within a child’s Trump Account can grow tax-free, although investment appreciation and earnings will not be tax-free upon withdrawal, as only family contributions will be tax-free, since they are after-tax contributions.

Using Funds from Trump Accounts

Once the child turns 18 years old, the Trump Account will need to be converted to an IRA, and then the funds can be accessed without penalty for qualified expenses like an education, a first home purchase, or starting a business.

In general, withdrawals for eligible expenses like higher education or a first home will be taxed at ordinary income rates with no additional penalty.

However, there is some variation on taxes being applied to withdrawals, since the Trump Account could potentially hold two types of savings, including both after-tax contributions and untaxed earnings from the investments.

Any after-tax contributions that are withdrawn will be tax free, and any pre-tax amounts, such as those from investment appreciation and earnings (or any tax-free contributions) will generally be taxed at the beneficiary’s ordinary income tax rate.

If you just receive the $1,000 U.S. Treasury bonus and never make any other family contributions, then you can expect the withdrawals to be taxed at the ordinary income tax rate.

It’s important to understand that early withdrawals before age 59½ may be subject to a 10% penalty, if they are not used for qualified expenses like an education, a first home purchase, or starting a business.

Completing Form 4547 for Trump Accounts

You may open a Trump Account for your child using IRS Form 4547, which you can do when you file your taxes or by submitting the form through the secure IRS website called Individual Online Accounts, or IOLA.

Please note that only the child’s legal guardian, parent, adult sibling, or grandparent can file Form 4547.

Additionally, if you are requesting the $1,000 free bonus contribution for your child, you must be the same person who claims that child as a “qualifying child” on your tax return.

Final Word on Trump Accounts

If you have a child born between January 1, 2025, and December 31, 2028, you may participate in Trump Accounts to get a $1,000 free bonus from the U.S. Treasury, which your child can then use for qualified expenses once they turn 18.

You are under no obligation to make any contributions of your own in order to qualify and receive the $1,000 free bonus, so there is no reason not to at least attempt to get the bonus for your qualified child.

The $1,000 bonus from the U.S. Treasury will be invested in low-risk equity funds, and will hopefully grow by the time they turn 18.

As long as your child uses the funds for qualified expenses like an education, a first home purchase, or starting a business when they turn 18, the withdrawals will be taxed at ordinary income rates with no additional penalty (this applies to the $1,000 U.S. Treasury bonus and any investment appreciation/earnings – other after-tax family contributions will be tax-free upon withdrawal).

Even though they will have to pay taxes at ordinary income rates on qualified withdrawals, the $1,000 bonus will be free to begin with, so they would never lose money from the $1,000 initial funding bonus.

For instance, say the initial $1,000 bonus remained stagnant at $1,000 when your child turns 18, and let’s say they pay a 25% income tax rate on the qualified withdrawals, they would end up withdrawing $1,000 and paying $250 in taxes, so they would still come out $750 ahead.

Additionally, there is no requirement to withdraw the funds upon turning 18 years old, so they could continue to leave the funds alone until a time when they would like to make a qualified purchase and also hopefully allowing the investments to maximize their potential.

Like all similar promotional offers, there are no absolute guarantees that you will get paid out the $1,000 bonus from the U.S. Treasury (as anything could happen), but if you have an eligible child born between January 1, 2025, and December 31, 2028, you might as well try to get them an extra $1,000 toward an education, first home purchase, or business startup once they turn 18 years old.