Millions automatically enrolled in Trump Accounts. Here’s how you can claim it for your child

The U.S. Department of the Treasury announced automatic enrollment is complete for Trump Accounts, tax-advantaged investment accounts for American children under age 18.

American children born between Jan. 1, 2025 and Dec. 31, 2028 are eligible for $1,000 in seed money for the accounts.

Treasury Secretary Scott Bessent said millions had already enrolled, with more than 60 million more eligible children now having an account ready to be claimed.

“This is a transformative milestone in the Trump Administration’s effort to give every American child the opportunity to build generational wealth and jump-start their financial future,” Bessent said.

How to claim your child’s account

A parent or guardian must claim the account to manage it and allow contributions from family, friends and employers:

• Download the official Trump Accounts app (iOS and Android)
• Verify identity and relationship to the child
• Review the child’s information and accept the account terms

Eligible children must also have their Trump Account claimed to receive the one-time $1,000 seed contribution from Treasury.