The short answer
U.S. citizen kids born from 2025 through 2028 can get a one-time $1,000 deposit from the Treasury in their Trump Account. The catch: someone has to ask for it.
We went through this at home this summer, and opened both kids’ accounts in the official Trump Accounts app. My son was born inside the window. My daughter wasn’t, though the account itself is still open to her.
Who qualifies for the $1,000?
To get the seed money, your child needs:
The birthday line is firm. A baby born December 31, 2024, misses the $1,000. A baby born a day later, on January 1, 2025, gets it. (Holiday babies, take note.)
What if your child was born outside the window?
They can still have a Trump Account. Any child under 18 with a Social Security number can have one. They just don’t get the $1,000. Everything else works the same way: family contributions of up to $5,000 a year, invested in low-cost U.S. stock index funds.
The step that decides it
The $1,000 is an election you make when you open the account. In the Trump Accounts app, it’s part of the sign-up. On a paper Form 4547, it’s one line (line 7). If your child qualifies and the election isn’t made, the deposit doesn’t come. If your child doesn’t qualify, you skip it and open the account anyway.
There’s also one account per child. If a second person files for the same kid, that filing gets rejected, and whoever filed first becomes the account’s “responsible party.” It’s worth a quick “did you already do this?” before anyone hits submit.
Where that leaves you
The $1,000 is the easy part. The bigger question is what you want the account to do from here, and how it fits next to whatever else you’re saving for your kids. That’s where we can actually help.
For the full rundown on how these accounts work, and how we’re using ours, see Trump Accounts: What Parents Should Know.
You know where to find me.
Sources
- Seed money eligibility (U.S. citizen children born 2025–2028), accounts for any child under 18 with an SSN: Center for Retirement Research at Boston College, “Trump Accounts: A Primer for Parents”
- Claiming an account and electing the pilot contribution in the Trump Accounts app: Trump Accounts Support Center, “Complete the claim form”
- Line 7 pilot election, qualifying-child requirement, one account per child, duplicate filings rejected: Saving for College, “How to Open a Trump Account with IRS Form 4547”
- IRS Form 4547, Trump Account Election(s)