Story perspectives

New 'Trump Accounts' Initiative Launches for Children's Investments

2/21/2026

Summary

Story summary

On February 20, 2026, U.S. Treasury Secretary Scott Bessent will promote the "Trump Accounts" initiative in Addison, Texas.
The program allows families to open tax-advantaged investment accounts for children under 18, targeting long-term investment in diversified index funds.
Eligible children born between 2025 and 2028 will receive an initial $1,000 deposit from the U.S. Treasury.
Enrollment begins with Internal Revenue Service Form 4547 for the 2026 tax year.
Major corporations have pledged matching funds to support families.

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Story summary

On February 20, 2026, U.S. Treasury Secretary Scott Bessent will promote the "Trump Accounts" initiative in Addison, Texas.
The program allows families to open tax-advantaged investment accounts for children under 18, targeting long-term investment in diversified index funds.
Eligible children born between 2025 and 2028 will receive an initial $1,000 deposit from the U.S. Treasury.
Enrollment begins with Internal Revenue Service Form 4547 for the 2026 tax year.
Major corporations have pledged matching funds to support families.