Trump Urges Businesses to Fund Child Accounts as Treasury Accepts Stock Gifts
Updated
Updated · Business Insider · Jul 4
Trump Urges Businesses to Fund Child Accounts as Treasury Accepts Stock Gifts
3 articles · Updated · Business Insider · Jul 4
Summary
Michael and Susan Dell pledged $250 for each of the first 25 million qualifying children who sign up for Trump Accounts, adding a private incentive as the administration pushes enrollment.
Treasury is now accepting philanthropic contributions of readily tradable publicly listed stock, and Trump on Friday called on more companies and donors to help finance the accounts.
Parents can enroll through a new Trump Accounts app or the IRS website by filing Form 4547; Treasury says the app also includes funding tools and financial education modules.
Children under 18 can receive tax-deferred accounts with family contributions of up to $5,000 a year, while eligible children born from 2025 through 2028 can get a one-time $1,000 Treasury deposit.
The program, created under the Working Families Tax Cuts Act, already has backing from more than a dozen companies and philanthropists, including BlackRock, Chipotle, Mastercard, Block, Robinhood and Chime.
With all cash automatically invested in the S&P 500, how secure is this new savings plan for children?
Could these new child investment accounts accidentally sabotage your family's chances for crucial college financial aid?
Trump Accounts: $1,000 Federal Kickoff, Stock Donations, and the Debate Over America’s Child Wealth Gap
Overview
On July 2, 2026, a major announcement introduced a new way to support Trump Accounts by allowing individuals and organizations to donate stock directly, a change that required new legislation. This move marks a significant step for the Trump Accounts program, which was created under the Working Families Tax Cuts law to help children start saving and investing early. By making stock donations possible, the program aims to give millions of American children, including those born into poverty, a better chance to benefit from market growth and build a strong financial foundation for their future.