"President Donald Trump forecasted at Wednesday’s Trump Accounts Summit that the investment accounts will “put $3-$4 trillion of wealth into the hands of young Americans” over the next 15 years.
The Trump Accounts, established in Trump’s legacy legislation, the One Big Beautiful Bill, are investment accounts available to all Americans under 18 with a Social Security number. The accounts can be established starting on July 5, 2026, through IRS Form 4547.
Those born between 2025 and 2028 are eligible for a $1,000 seed investment from the U.S. Treasury, while parents, families, and individuals can contribute up to $5,000 per account annually. One cannot withdraw from the account until they turn 18.
After 18 years, the $1,000 seed investment for eligible Americans is projected to reach $5,800. If families contribute the maximum annual amount of $5,000 in addition to the $1,000 seed investment, an account is estimated to reach $303,800 by the time a child turns 18, based on S&P averages.
If families contribute a more modest $250 annually after the Treasury investment, an account is projected to hit $20,700 once a child reaches adulthood.
Once 18 years old, a person with a Trump Account is eligible to withdraw from it, or they can continue letting it grow, in which case it will be treated like an IRA.
Philanthropists are contributing to Trump accounts as well, led by Michael and Susan Dell’s announcement in December that they will provide $250 investments to accounts for 25 million children residing in zip codes where the average annual income falls below $150,000."
Breitbart
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