Who Will Receive a $1,000 Contribution on July 4 in Trump Accounts?

The federal government will begin depositing $1,000 into the new Trump Accounts for children who meet the program’s requirements.

The first payments are expected on July 4 and could benefit millions of families across the country.

Why it matters: The initiative allows families to create savings for children from birth and has already reached millions of registrations in the United States.

According to data from the Department of the Treasury, more than 6 million minors had enrolled in the program by mid-June.

Find out who will receive the $1,000 contribution in Trump Accounts

Although Trump Accounts can be opened for many children in the United States, the government’s $1,000 deposit is part of a pilot program with specific requirements.

According to official information, beneficiaries must have been born between January 1, 2025, and December 31, 2028.

In addition, they must be U.S. citizens and have a valid Social Security number.

The date announced by the government to begin reflecting these contributions is July 4, coinciding with Independence Day.

How the new Trump savings accounts work

Trump Accounts were designed as a savings tool with tax benefits for minors.

Parents, guardians or other authorized individuals can open them in a child’s name as long as the child meets the established requirements.

Among them, the child must not have turned 18 before the end of the corresponding calendar year and must have a valid Social Security number.

According to the White House, every account that qualifies for the pilot program will receive a one-time $1,000 contribution from the federal government.

In addition, families will be able to make additional private contributions of up to $5,000 per year.

Trump Accounts: Who Will Receive The $1,000 Contribution? – PHOTO: Shutterstock

The accounts are linked to the performance of a stock market index, a feature designed to encourage long-term growth of the money.

Mobile application is now available

As part of the national rollout of the program, the Department of the Treasury announced the gradual launch of the “Trump Accounts” application on the Apple App Store and Google Play.

The platform will allow users to check balances, complete activation processes and manage accounts from mobile devices.

Authorities reported that families who have already completed registration through IRS Form 4547 will begin receiving emails with instructions to finalize the setup of their accounts.

These messages will be sent gradually until July 4.

The Treasury also warned that official communications will only come from the email address no-reply@TrumpAccounts.Treasury.gov.

Children of immigrants born in the U.S. may qualify

Immigration specialists have pointed out that the main requirement is that the child was born in the United States during the period established by the program and has a valid Social Security number.

Therefore, the immigration status of the parents would not prevent an eligible child from receiving the benefit.

Trump Accounts: Who Will Receive The $1,000 Contribution? – PHOTO: Shutterstock

Projections published on the official website show potential long-term growth:

According to these illustrative estimates, an account opened at birth with the initial $1,000 deposit could reach approximately $6,000 by age 18 without additional contributions.

In scenarios where annual contributions of up to $5,000 are made, the balance could grow to an estimated $271,000.

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What comes next

Federal authorities will continue sending activation instructions over the coming days.

| The “Trump Accounts” program will give American children a fortune when they reach adulthood. President Donald Trump said the accounts could reach around $50,000 by age 18 and criticized that previous presidents only left debt, while… pic.twitter.com/Fk8Tk6RSdF

— RAV Español (@RAVEspanol) January 28, 2026

Families interested in the program should verify that their children meet the requirements and complete the registration steps to ensure the account is properly configured before July 4.