President Donald Trump onstage at the Treasury Department’s Trump Accounts Summit, in Washington, Jan. 28, 2026.
Kevin Lamarque | Reuters
Families can now download the Trump Accounts app — a key next step in the launch of the investing accounts for children that could include seed money of up to $1,000.
The app’s debut on Thursday comes a little more than a month out from the July 4 official launch of the new tax-deferred accounts. The initial deposit from the U.S. Department of the Treasury could arrive “as early as July 4,” according to an image of the app that the agency shared with CNBC.
The Trump Accounts app, which is now available in Apple and Google app stores, was designed in partnership with Bank of New York Mellon and Robinhood, a Treasury spokeswoman said.
“This groundbreaking new app will make it easy for millions of Americans to sign up, contribute and watch their investments grow in value,” Treasury Secretary Scott Bessent said in a video posted on X Thursday.
Families have signed up nearly 6 million children for Trump Accounts, according to the Treasury’s latest tally.
How to use the Trump Account app
While Trump Accounts — also known as 530A accounts — cannot be funded until July, parents or guardians can open accounts now by filling out IRS Form 4547 on TrumpAccounts.gov.
The Trump Accounts app.
Courtesy: U.S. Treasury
The initial app sign-up process requires entering the email address you used for your account application and verifying it with a code sent to that account. You’ll add a phone number and undergo verification for that, too. You’ll also create a password, and can opt in for push notifications.
After undergoing those steps in the live app on Thursday morning, a CNBC reporter encountered a screen titled “Stay tuned for an invite.”
“We’re rolling out Trump accounts in waves,” the text read. “In the next few weeks, we’ll send you an invite from no-reply@trumpaccounts.treasury.gov to activate your child’s account. You can also turn on push notifications to get notified about account updates. Be sure to complete IRS Form 4547 if you haven’t already.”
The look and experience is a departure from an early mockup of the app interface on TrumpAccounts.gov, which tracked gains of individual stocks like Nvidia. That interface was still on the site as of Thursday morning.
An early mockup of Trump Accounts seen on a cellphone, captured in February 2026 on TrumpAccounts.gov.
Courtesy of Trump Accounts
Who is eligible for free money
Trump Accounts are available to all U.S. children with a Social Security number, and babies born between 2025 and 2028 are eligible for the initial deposit from the Treasury.
A growing number of companies have pledged to match the accounts’ $1,000 Treasury deposit, and philanthropists in multiple states have committed to seed the accounts for qualifying families.
Children 10 or under and born before Jan. 1, 2025 — who wouldn’t qualify for the $1,000 contribution — could get $250 if they live in a ZIP code where the median income is $150,000 or less, courtesy of a $6.25 billion pledge from tech CEO Michael Dell and his wife, Susan.
The Trump Accounts app.
Courtesy: U.S. Treasury
Starting on July 4, parents, guardians, grandparents and others will be able to contribute up to $5,000 a year in after-tax dollars up until the year before the beneficiary turns 18. Contributions can be preset through the app, according to another image of the interface shared with CNBC.
Employers can also contribute up to $2,500 per worker, per year, which is part of the $5,000 limit and won’t count as taxable income, according to the IRS. Additionally, qualifying charitable organizations and state and local governments may make contributions that do not count toward the $5,000 limit.
Treasury guidance says Trump accounts will be invested in “broad U.S. equity index funds,” such as mutual or exchange-traded funds.
— CNBC’s Kelli Grant contributed reporting.
