How Trump Accounts work and who qualifies for the $1,000 federal deposit

The U.S. Treasury, in partnership with Robinhood and BNY Mellon, launched Trump Accounts—a tax-advantaged investment program providing eligible children born between 2025 and 2028 with an initial $1,000 federal deposit. Parents can contribute up to $5,000 annually, and employer contributions are capped at $2,500. A mobile app is available for tracking investments.