The U.S. Department of the Treasury officially launched the Trump Accounts mobile app on Thursday, marking the next major phase in the administration’s flagship program to deliver tax-advantaged investment accounts to American children.
The app is now available for download on the Apple App Store and Google Play and will serve as the primary platform for parents and guardians to manage accounts, track investments, and access educational resources.
Treasury Secretary Scott Bessent called the initiative transformative. “Trump Accounts I believe are the most important benefit for young people since the GI Bill,” he said during a press conference Thursday afternoon. “Today, the app is now available on all major platforms, bringing the president’s vision directly to American homes.”
Nearly 6 million American children have already been signed up through IRS Form 4547 filings, the treasury secretary noted. Activation emails from “[email protected]” are now rolling out in phases, with instructions to guide families through setup via the app or TrumpAccounts.gov.
Bessent stressed the program’s goal of broadening economic participation beyond traditional investors. “38% of Americans have no exposure to equities. They don’t share in the great innovation [and] the machine that is the American economy,” he said in response to a question about reaching working-class families.
“If your child is born during President Trump’s administration, Treasury puts in $1,000 as a seed investment,” Bessent added.
The app includes eight exclusive financial literacy modules designed to teach families about investing and markets in real time. “American families [will] be able to look on their phone every day and see … I think we’re going to create a generation of shareholders,” Bessent said. He described the effort as potentially “one of the greatest real time financial literacy educations in history.”
Accounts function as custodial vehicles until the child turns 18, with investments primarily in broad U.S. index funds. There is no cost to open an account, and annual contribution limits begin at $5,000 per child. The $1,000 Treasury pilot contribution targets children born between Jan. 1, 2025, and Dec. 31, 2028. Families can still enroll eligible children at any time before age 18 via Form 4547.
Full functionality — including contributions from parents, family members, employers, and others — begins July 4, 2026, along with the first wave of pilot seed deposits.
With sustained market returns and inflation mirroring the patterns of the past 20 years, Trump Accounts have the potential to deliver substantial long-term growth. Assuming an average annual nominal return of approximately 10 percent (consistent with long-term S&P 500 performance) and 2.5 percent annual inflation, an infant whose parents take full advantage of the program — receiving the $1,000 government seed contribution and contributing the maximum $5,000 annually — could see the account grow to roughly $293,000 in nominal terms after 20 years.
“By putting easy access to Trump Accounts directly in the hands of parents and young Americans, we are helping to ensure that America’s youth are included in this new era of economic participation,” Bessent said.
On Friday, Bessent is set to deliver a major economic security address at the 2026 Reagan National Economic Forum in California and host the latest stop on the “Trump Accounts Tour.” He is also scheduled to join Fox Business host and former National Economic Council Director Larry Kudlow for a fireside chat Q&A following his prepared remarks.
The events will feature special guests including actor Kelsey Grammer, Sen. Roger Marshall, Rep. French Hill, and Rep. Vince Fong.
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Christina Botteri is the Executive Editor of The Tennessee Star and The Star News Network. Follow her on X at @christinakb.
