Parents hoping to secure $1,000 in federal funding for their children under a new Trump administration initiative will need to take an important step this tax season: opening a dedicated investment account through the Internal Revenue Service.
Under the One Big Beautiful Bill Act (OBBBA), President Donald Trump authorized the creation of “Trump Accounts,” a federal program designed to help families build long-term, tax-advantaged savings for children under 18 who have a valid Social Security number.
The program includes an initial $1,000 government-funded contribution for eligible children — but families must actively register to receive the money.
Watch live on X | 🇺🇸 WEDNESDAY, JAN 28 🇺🇸@POTUS and @SecScottBessent will headline the Trump Accounts Summit, broadcast from the historic Mellon Auditorium in Washington, D.C.
The summit will highlight the Trump Accounts initiative, providing $1,000 for every American child… pic.twitter.com/rpx5VUrIUk
— Trump Accounts (@TrumpAccounts) January 24, 2026
What Are Trump Accounts?
Trump Accounts are federally backed, tax-advantaged investment accounts intended to help parents begin saving early for their children’s future education, housing, or long-term financial needs.
Unlike traditional stimulus checks or child tax credits, the money is not paid directly to parents. Instead, it is deposited into a child-specific investment account managed under Treasury guidelines.
Funds deposited into Trump Accounts are designed to grow over time and cannot be freely withdrawn for everyday expenses.
Major Private Boost: $6.25 Billion Donation Expands the Program
In December, tech billionaire Michael Dell and his wife, Susan Dell, pledged $6.25 billion to support the Trump Accounts initiative — one of the largest private contributions ever directed specifically toward children in the United States.
That pledge allows:
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25 million eligible children to receive an additional $250 deposit
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Priority funding for families living in ZIP codes with median household incomes of $150,000 or less
“This program will give young Americans more than a savings account,” the Dells said in a statement. “It will give them momentum, confidence, and opportunity.”
How Much Can Families Receive?
Depending on a child’s age and eligibility, families may qualify for:
| Child Category | Amount |
|---|---|
| Children born between 2025–2028 | $1,000 one-time Treasury deposit |
| Children age 10 or younger (born before Jan. 1, 2025) | $250 Dell-funded deposit |
| Children over 10 | May qualify if funds remain available |
Children must be under age 18 by Dec. 31, 2026 and have a valid Social Security number.
How to Register for a Trump Account
Parents must register during the 2025 tax filing season to receive the funds.
Key Registration Steps
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File IRS Form 4547 with your 2025 tax return
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The form allows parents to:
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Open a Trump Account, or
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Request the $1,000 Treasury “pilot program contribution”
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One form covers up to two children
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Families with more children can submit additional forms
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Filing can be done online or by mail
Important Dates
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Tax season opens: Jan. 26
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Tax deadline: April 15
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Authentication process begins: May
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Payments expected: July
Once forms are received, the Treasury Department will begin verifying identities and eligibility before funding accounts.
Who Qualifies?
To qualify for a Trump Account deposit, children must:
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Be under 18 years old
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Have a valid Social Security number
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Live in the United States
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Meet birth-year requirements outlined in the OBBBA
The Dell-funded $250 deposits will be automatically issued to eligible families once an account is opened — no separate application is required.
Why This Program Matters
Supporters of the program say Trump Accounts aim to address long-term wealth gaps by giving children a financial head start — particularly in middle- and lower-income communities.
Unlike short-term stimulus payments, the funds are structured to grow over time, encouraging long-term savings and investment habits.
Still, financial experts note that families should understand withdrawal rules and tax implications before relying on the accounts for near-term needs.
Bottom Line
Parents hoping to secure up to $1,000 per child under the Trump Accounts program must act during the 2025 tax season by submitting the required IRS form.
With billions in public and private funding committed, the program represents a major shift toward long-term child-focused financial policy — but participation is not automatic.
Families who fail to register may miss out.
