A new, tax-advantaged investment account, created under the One, Big Beautiful Bill Act of 2025, pledges to build long-term financial security for millions of children in the United States. Popularly known as Trump Accounts, these custodial, tax-advantaged Individual Retirement Accounts (IRAs) are modeled after traditional IRAs with a few, key differences – the biggest being that any U.S. citizen born between 2025-2028 will receive a one-time $1,000 contribution from the United States Treasury to jumpstart their savings efforts!

To sign up for an account, parents (or other qualified, legal guardians) can visit trumpaccounts.gov, or simply fill out IRS Form 4547 when completing their 2025 taxes. The accounts will then begin the initial review/ authentication process in May and will open to accept contributions on July 4.

Children born before last year are also eligible to hold an account if it is opened before the year in which the child turns 18; however, these account-holders are not eligible for the $1,000 contribution from the U.S. Treasury.

And thanks to generous donor support from Dell Technologies, children born between 2025-2028 will receive an extra $250. Totaling $6.25 billion, the pledge from the Dell family also includes a $250 contribution to account-holders age 10 and younger living in areas with average incomes below $150,000.

The funds deposited into the Trump Accounts are automatically invested into American-owned companies’ stocks and offer parents and children the opportunity to not only build a strong financial future, but to learn about the power of investing and compounding interest in real-time – together.

Rachel Carden serves as the Director of Investor Education for the Securities Division of the Tennessee Department of Commerce and Insurance. She shares the importance of investing with consumers across the state via in-person presentations, speaking engagements, literature for publication, and more. To contact the Securities Division, visit tn.gov/securities.