The U.S. Department of the Treasury officially launches the official "Trump Accounts" app: Full launch on 7/4, start stock trading from a young age.

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US Treasury Secretary Scott Bessent announced today (28th) the official launch of the "Trump Accounts" official App. This welfare policy, stemming from a new 2025 bill, will provide free $1,000 "seed funding" to American children born between 2025 and 2028, directly invested in US stock index funds. The Treasury has partnered with renowned brokerage Robinhood and BNY (Bank of New York Mellon) to build a dedicated App, with the goal of a full launch on July 4th, America's Independence Day, allowing the next generation of ordinary families to seamlessly participate in financial markets from a young age. (Background: Trump's stock trading details exposed! Q1 sweep of 3,642 orders, splurging on NVIDIA and Dell while publicly touting stocks) (Context: Trump paints another big picture: New Fed Chair Warsh can stimulate 15% US economic growth) To bring the "American Dream" and financial inclusion to every ordinary family, the US government has rolled out an unprecedented national-level children's financial policy. US Treasury Secretary Scott Bessent (@SecScottBessent) announced today (May 28, 2026) on social media that the official dedicated application @TrumpAccounts has officially landed on major App Stores, and is scheduled for full official launch on July 4th this year (the 250th anniversary of American Independence). For too long, financial markets felt out of reach for too many. We are proud to launch the @TrumpAccounts app, a historic tool that brings the President's vision directly to the kitchen table. This app ensures that every American family has a direct and easy way to be involved… — Treasury Secretary Scott Bessent (@SecScottBessent) May 28, 2026 Bessent emphasized in the post: "For too long, financial markets have felt out of reach for too many." This historic App will bring President Trump's vision directly to every family's kitchen table, ensuring the American public has the most direct and simple way to participate in this historic program. Notably, this national-level financial infrastructure brings together top technology and financial giants. The Treasury specifically thanked the development team ndstudio, traditional finance custodian giant BNY Global (Bank of New York Mellon), and the commission-free brokerage Robinhood, beloved by retail investors, for their technical contributions to the project. "Trump Accounts" is a new type of tax-advantaged children's investment account (also known as a 530A account) born out of the One Big Beautiful Bill Act (OBBBA) passed in the US in 2025. Its operating logic is similar to a children's version of the traditional Individual Retirement Account (IRA), aiming to allow the next generation to enjoy the market's compounding effects and learn financial literacy from a young age. The account boasts the following highly attractive core features: - Free government user funds: As a Pilot Program, for any American child born between January 1, 2025, and December 31, 2028, the US Treasury will automatically deposit $1,000 in seed funding, directly invested in low-cost US stock index funds (ETFs). - High limits with no income restrictions: Parents, grandparents, or relatives and friends can deposit up to $5,000 annually into the account. The child does not need to have any income to qualify, and there is no income cap for the family either. - Tax advantages: Funds within the account enjoy Tax-deferred advantages, with investment growth completely tax-free during the growth period. To ensure funds are genuinely used for long-term wealth accumulation, Trump Accounts stipulate that funds generally cannot be withdrawn before the child turns 18 (except in special emergencies), with parents or guardians acting as custodians to manage on their behalf. Once the child reaches adulthood, the account will automatically convert to a standard traditional IRA account, at which point these long-grown funds can be used for retirement planning, education expenses, first-time home purchases, or as startup capital. By combining "government seed funding + voluntary family contributions + long-term US stock investment," the US Treasury is attempting to establish a solid wealth starting point for every American child. Currently, eligible parents can already open accounts early through the newly launched App or official channels, getting ready for the official explosion in July.

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