FAQs

A Trump Account is a $1,000 federal investment account available to every qualifying newborn in America. The money is deposited by the government, invested in low-cost index funds, and grows until your child turns 18.

Who qualifies?

Any US citizen child with a valid Social Security number born between January 1, 2025 and December 31, 2028. There is no income requirement.

Do I need a Social Security number to open an account for my child?

No parental SSN or citizenship is required — only the child needs to be a US citizen with a valid SSN. If you have specific questions about your situation, consult an immigration attorney or trusted legal resource.

My baby was born before 2025. Can they still get an account?

Yes — children born before 2025 can still open a Trump Account. They won't receive the $1,000 government deposit, but family and friends can contribute up to $5,000 per year.

Is there a deadline to apply?

No. There is no deadline. Families who enroll before July 4, 2026 will receive their first deposit on July 4th — so if that date hasn't passed yet, it's worth applying now. After July 4th, deposits arrive as soon as the account is processed. Either way, every month you wait is a month that $1,000 isn't growing.

How do I open a Trump Account?

Go to trumpaccounts.gov or download the Trump Accounts app on Apple or Google Play. Complete IRS Form 4547 — it's free and takes about 10 minutes.

Is there anything on the form I need to be careful about?

Yes. On IRS Form 4547, make sure Line 7 is checked. If you skip it, your child will not receive the $1,000 government deposit even if they qualify.

When does the $1,000 arrive?

Families enrolled before July 4, 2026 will receive the deposit on July 4, 2026. Families who apply after that date will receive it as soon as their account is processed.

How will I know the account is official?

All official communication comes by email only from no-reply@trumpaccounts.treasury.gov. If you receive a phone call or text about your Trump Account, do not respond — it is likely a scam.

What happens to the $1,000?

It is invested in low-cost index funds and grows over time. At 7% average annual return, $1,000 invested at birth grows to approximately $3,380 by age 18 — without adding a single dollar.

Can I add money to the account?

Yes. Family, friends, and employers can contribute up to $5,000 per year. Even $10 a week on top of the $1,000 grows to over $21,000 by the time your child turns 18.

When can my child access the money?

At age 18. The account cannot be touched before then.

What can the money be used for?

Three things: higher education, starting a business, or a down payment on a home.

What can the money be used for?

Three things: higher education, starting a business, or a down payment on a home.

What is The BabyFund?

The BabyFund is a volunteer and intern-powered organization based in Atlanta, Georgia. We help families — especially those in underserved communities — learn about and claim their newborn's Trump Account.

Why does The BabyFund exist if trumpaccounts.gov is already public?

Because awareness isn't enough. Many families who need this benefit most are the least likely to hear about it — and the name alone stops a lot of people before they ever learn what the account does for their baby. We exist to bridge that gap.

Do you charge anything?

Never. Everything The BabyFund does is free to families.

How is The BabyFund funded?

Through donations and sponsorships from individuals and organizations who believe every baby deserves a financial head start.

How can I support The BabyFund?

Thank you for asking! You can: