Trump Accounts App Launches to Provide Federal Child Savings

The Trump Accounts mobile app launched Thursday, May 29, 2026, allowing U.S. parents to open tax-preferred investment accounts for eligible children ^[1], ^[2].

This initiative represents a federal effort to encourage early investment by seeding the accounts of newborns and infants with government funds. By providing a tax-deferred vehicle, the program aims to build long-term financial security for a specific cohort of American children.

Under the program's guidelines, eligibility is limited to children born between Jan. 1, 2025, and Dec. 31, 2026 ^[1]. Parents of children within this window can use the mobile application to register and establish the account. Each eligible child receives a $1,000 federal contribution to start the investment ^[3].

The app is now available for download nationwide across the United States ^[3], ^[4]. In states like North Carolina, the rollout has been highlighted as a primary method for families to access these funds ^[1]. The accounts are designed as tax-deferred savings vehicles, meaning the growth of the investments is not taxed immediately.

To get started, users must download the app and provide the necessary identification for both the parent and the child. The process is intended to streamline the creation of these accounts, reducing the bureaucratic hurdles typically associated with federal benefit programs ^[2], ^[5].

Federal officials said the goal is to foster a culture of saving from birth. By utilizing a mobile-first approach, the government intends to maximize the participation rate among eligible families across various socioeconomic backgrounds ^[2], ^[5].