On Wednesday, Treasury Secretary Scott Bessent provided updates on Trump Accounts, a $1,000 pilot program available to children born between 2025 and 2028. Over 5 million American families have signed up, with 1.2 million found eligible.
The $1000 boost is 'just the starting point,' with recipients eligible for future benefits.
The initial $1000 deposit is expected to arrive on July 4, 2026, with guardians able to make further contributions after the initial deposit.