US President Donald Trump on Saturday announced that the Department of the Treasury will begin accepting philanthropic contributions of readily tradable, publicly traded stock to help fund “Trump Accounts”
for eligible American children.
In a post on Truth Social, Trump described the move as “another fantastic America First Victory” and said it would allow businesses, philanthropists and job creators to invest directly in the future of American children.
“BIG NEWS! My Administration is delivering another fantastic America First Victory. The Department of Treasury will now accept philanthropic contributions of readily tradable Publicly Traded Stock to help fund TRUMP ACCOUNTS for eligible American children. This opens the door for GREAT American Businesses, Philanthropists, and Job Creators to invest directly in the future of our children, and help build a Generation of Savers, Investors, and Owners.”
Trump also claimed the initiative has received significant public interest even before its official rollout.
“The response to TRUMP ACCOUNTS has been incredible – More than 6 MILLION TRUMP ACCOUNTS have already been requested before the Program has even launched.”
Praising the proposal, Trump said Americans support the initiative because it prioritises children, rewards success and promotes wealth creation for future generations.
“The American People LOVE this idea because it puts America’s children FIRST, rewards Success, and helps build Wealth for the next Generation. The Golden Age of America is just getting started! President DONALD J TRUMP.”
With this initiative individuals and businesses in the United States will now be able to donate publicly traded shares to Trump Accounts, the government-backed investment accounts introduced under President Donald Trump’s sweeping tax and immigration legislation.
The initiative officially launches on Saturday, coinciding with celebrations marking the 250th anniversary of the United States. Under the program, the federal government will deposit $1,000 into an investment account for every eligible child born between 2025 and 2028. Several companies and philanthropic organisations have also pledged additional contributions.
The US Treasury Department said donors will be able to transfer publicly traded stocks directly to the department, which will allocate the assets to eligible children’s accounts in accordance with the donor’s instructions, applicable laws and Treasury guidelines.
“By accepting contributions of publicly traded stock, Treasury is creating a practical pathway for large-scale private giving to support the next generation,” Treasury Secretary Scott Bessent said in a statement.
Parents or legal guardians must voluntarily open the accounts by completing the IRS’s one-page Form 4547. The government will not create the accounts automatically, and the adult opening the account will decide how the funds are invested until the child reaches adulthood.
The Treasury has approved five exchange-traded funds (ETFs) where the government’s initial contribution can be invested. These funds track major Wall Street indexes and are among the most widely traded ETFs in the United States.
According to Trump’s latest financial disclosures, he holds investments worth between $7 million and $35.1 million in the same funds, including purchases of up to $21 million in 2025.
Responding to questions over a potential conflict of interest, White House spokeswoman Anna Kelly said Trump’s investments “are held in fully discretionary accounts managed by independent third-party financial institutions,” adding that they do not represent a conflict of interest.
Over Six Million Families Signed Up For Programme
Treasury officials said more than six million families have signed up for the programme, although only about 1.4 million children currently qualify for the government’s seed funding. Families whose children are not eligible can still invest their own money through the accounts while benefiting from certain tax advantages.
Unlike some other child savings plans, Trump Accounts offer greater flexibility in how the money can eventually be used. Investment earnings are generally tax-deferred until the beneficiary turns 18, though some state taxes may still apply.
What Are Trump Accounts?
Government-backed investment accounts created under President Donald Trump’s tax and immigration legislation to encourage long-term savings for children.
Who Is eligible?
Children born between 2025 and 2028 are eligible for a $1,000 federal contribution, subject to programme requirements.
How Do The Accounts Work?
Parents or guardians must open the account by submitting IRS Form 4547. The government does not automatically create an account for every eligible child.
Can Others Contribute?
Yes. Individuals, corporations and philanthropic organisations can donate cash or publicly traded shares through the US Treasury for eligible beneficiaries.
What Are The Tax Benefits?
Investments grow tax-deferred until the beneficiary turns 18. While the accounts provide fewer tax advantages than some existing child savings plans, they offer fewer restrictions on how the funds can eventually be used.
