WATCH LIVE: Trump participates in launch of ‘Trump accounts’
President Donald Trump will ceremonially launch his “Trump accounts” during an Oval Office event on Monday, around 9:30 a.m.
The Treasury Department launched the program on Saturday, one year after Trump signed the accounts into law as part of the One Big Beautiful Bill Act. The Trump accounts are tax-deferred investment savings accounts for children, which families can contribute up to $5,000 annually, and the child can access once they turn 18.
The government is kickstarting each account off with $1,000 for children born between Jan. 1, 2025, and Dec. 31, 2028. The Treasury Department also announced last week that it would accept contributions of readily tradable public company stock to help fund the accounts.
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