U.S. Treasury Department, Washington, April 16, 2026.
Matt McClain | Bloomberg | Getty Images
The Trump account, also known as a 530A account, is available to any U.S. child under 18 with a Social Security number and includes a one-time $1,000 pilot program contribution from the Treasury Department for babies born between 2025 and 2028.
A growing number of companies, including State Street and BlackRock, are pledging to match every $1,000 in Treasury accounts for the children of their employees. Starting July 4, parents, guardians, grandparents and others will be able to contribute up to $5,000 a year.
“The Trump Account provides a meaningful opportunity for families to start investing early for their children,” Rodney Comeghese, chief investment officer and head of global equities at Vanguard Capital Management, said in a statement.
While the “100% stock investment option” has its benefits, a previous Vanguard research note noted that Trump accounts “do not incrementally reduce risk toward a fixed income allocation” like other account types (such as 529 college savings plans). These typically start with more equity exposure early on and become more conservative over time as the fundraising target date approaches.
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