Trump Accounts app launches today. Here's what to know.
Updated on: May 28, 2026 / 5:55 PM EDT / CBS News
Trump Accounts app launches today. Here’s what to know. The Trump Accounts app is now available for download, allowing parents to manage tax-preferred investment accounts for their children. Starting July 4, eligible children born between 2025 and 2028 will receive a $1,000 government contribution, with funds to be invested in the stock market. Parents or guardians must set up and manage these accounts until the child turns 18, after which the funds can be used for qualified expenses like education or starting a business.
- The Trump Accounts app allows parents to manage investment accounts for children.
- A $1,000 federal contribution will be made to eligible children’s accounts starting July 4.
- Eligible children must be born between January 1, 2025, and December 31, 2028, and have a Social Security number.
- Accounts must be managed by parents or guardians until the child turns 18.
- Funds can be withdrawn after age 18 for qualified expenses, with specific withdrawal rules applying before then.
- Parents can access the app through the Apple App Store, Google Play, or TrumpAccounts.gov.
- The Treasury Department will send emails with activation instructions, and advises caution against potential scams via text or phone.
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