The U.S. Treasury Department in Washington, April 16, 2026.
Matt McClain | Bloomberg | Getty Images
Trump Accounts, also known as 530A accounts, are open to any U.S. child under 18 with a Social Security number and include a one-time $1,000 pilot program contribution from the Treasury for babies born from 2025 through 2028.
A growing number of companies, including State Street and BlackRock, have pledged to match the accounts’ $1,000 Treasury deposit for children of employees. After July 4, parents, guardians, grandparents and others can also contribute up to $5,000 a year.
“Trump Accounts offer a meaningful opportunity for families to begin investing early on behalf of their children,” Rodney Comegys, chief investment officer and head of global equity at Vanguard Capital Management, said in a statement.
While there are benefits to the “100% equities investment options,” an earlier Vanguard research note pointed out that Trump Accounts “don’t gradually de-risk toward a bond allocation” like other account types, such as 529 college savings plans. Those generally start off with more equity exposure early on and then become more conservative over time as the target date for tapping the money approaches.
