Trump expected to share new details of ‘Trump accounts’ savings program

president Donald Trump He is expected to share more details this week about the long-awaited “Trump Accounts,” an initiative that would set up baby boomers with a government-funded investment program.

Trump will chair an event Wednesday at the Treasury Department along with senior administration officials and key stakeholders.

Trump Accounts Explained: Who’s Eligible, How They Work and When You Can Claim Them

The accounts, included in the One Big Beautiful Bill Act, work much like traditional long-term investment vehicles, but with rules designed specifically for protection. Young savers.

It is available only to those under the age of 18, and is funded by federal seed money, private contributions from families, and, when appropriate, supplemental deposits from employers or nonprofit organizations.

A Trump Account can be opened by any child under the age of 18 who has the right to Social security number. An authorized adult, usually a parent, guardian, adult sibling or grandparent, must be the person who creates the account.

Michael and Susan Dell donate $6.25 billion to fund Trump’s accounts

The program is scheduled to become available in mid-2026, with initial contributions taking place after July 4. Parents of children born in 2025 through 2028 can open an account by completing the… IRS Form No. 4547, Which has not yet been issued by the IRS, or by registering through the online portal at TrumpAccounts.gov.

The Treasury Department will make a one-time deposit of $1,000 into Trump’s account for each eligible child. (Getty Images/Getty Images)

After receiving the request, the Treasury Department will begin the account activation process.

The Treasury Department will make a one-time deposit of $1,000 into Trump’s account for each eligible child.

Individuals can also contribute up to $5,000 annually to the account. Additionally, funds may be rolled over from another Trump account, meaning funds already in one Trump account may be transferred directly to a new or different Trump account without counting the annual contribution limit.

Employers participating in the Trump Account program can contribute up to $2,500 annually.

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Dell Technologies CEO Michael Dell and his wife, Susan, speak as they announce a $6.25 billion donation from the Dell family to Trump Accounts, in the Roosevelt Room of the White House in Washington, D.C., on December 2, 2025. (Andrew Caballero-Reynolds/AFP/Getty Images/Getty Images)

However, the rules governing how these accounts actually work are still being written, and many key details remain unsettled.

So far, the IRS has issued only preliminary guidance and is now seeking public input — a formal process that allows parents, financial experts, businesses and advocacy groups to vote before the regulations are finalized.

The comment period lasts until February 20, 2026, which means that many aspects of the program are still subject to change.