Dossier
4547 form
Coverage of 4547 form in the Nexus archive.
Trump Accountstopic1US Treasuryorganization1Robinhoodorganization1BNY Mellonorganization1Steve Quirkperson1tax service providerstopic12025-2028topic1Trump accounttopic1Mia DeGraafperson1Ray Bosharaperson1Washington University's Center for Social Developmentorganization1Aspen Instituteorganization1Trump Accounts apptopic1
- 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 federal investment program for children born between 2025 and 2028, offering a $1,000 initial deposit. Parents can contribute up to $5,000 annually, and a mobile app is available to track investments.
- I opened a Trump Account for my newborn child — here's how it works, and why I decided to go for it
The author opened a Trump Account for their newborn daughter, eligible for a $1,000 government-funded investment due to her birth in 2026. Despite financial constraints, they consulted advisors and used the Trump Accounts app to set up the account, which allows funds to grow until the child turns 18.