{"id":25818,"date":"2026-02-20T22:53:08","date_gmt":"2026-02-20T22:53:08","guid":{"rendered":"https:\/\/finderica.com\/?p=25818"},"modified":"2026-02-20T22:53:08","modified_gmt":"2026-02-20T22:53:08","slug":"trump-accounts-sign-up-about-3-million-kids-in-early-push","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=25818","title":{"rendered":"Trump accounts sign up about 3 million kids in early push"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108262182\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108262182\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000403206\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"><\/span><span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>On the heels of a massive publicity push, including a Super Bowl 60 ad and a billboard in New York&#8217;s Times Square, families have filed about 2 million forms to open Trump accounts, Treasury Secretary Scott Bessent said at an event near Dallas on Friday.   <\/p>\n<p>&#8220;As we approach 2 million forms, that will probably be about 3 million children,&#8221; Bessent said.<\/p>\n<p>The stop was part of the Trump Accounts Tour, following an earlier speech at the Economic Club of Dallas, where Bessent also plugged the accounts.   <\/p>\n<p>&#8220;Programs like this often struggle with sign-ups,&#8221; Matt Lira, co-founder of Invest America, a nonprofit advocacy group, told CNBC in an interview. Invest America paid for the\u00a0Trump account Super Bowl commercial and has been promoting the new investment accounts for children.<\/p>\n<p>The early response from families &#8220;shows that the product market fit on the idea is strong,&#8221; he said.<\/p>\n<p>The opening of tax season on Jan. 26 was the first opportunity for families to elect to open Trump accounts and claim seed money of up to $1,000 by filing IRS Form 4547 with their 2025 tax returns.  <\/p>\n<p>Less than two weeks later, following the Super Bowl on Feb. 8, Invest America <a href=\"https:\/\/x.com\/InvestAmerica24\/status\/2020711057417970137\" target=\"_blank\">announced in an X post<\/a> that families could also start filing Form 4547 separately through TrumpAccounts.gov. <\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 class=\"RelatedContent-header\">Read more CNBC personal finance coverage<\/h2>\n<div class=\"group\">\n<ul>\n<li>Treasury: Trump accounts sign up about 3 million kids in early push<\/li>\n<li>Average IRS tax refund is up 14.2%, according to early filing data<\/li>\n<li>Student loan delinquency rate jumps to nearly 25% in Trump&#8217;s second term: analysis<\/li>\n<li>What Supreme Court ruling against Trump tariffs means for your money<\/li>\n<li>Personal loans surge: It&#8217;s &#8216;the middle-class refinancing option,&#8217; expert says<\/li>\n<li>Trump: tax refunds are &#8216;substantially greater than ever before.&#8217; What to expect<\/li>\n<li>Trump officials warn hundreds of colleges with low student loan repayment rates<\/li>\n<li>As AI puts the squeeze on entry-level jobs, teens remain optimistic: report<\/li>\n<li>Trump administration finds more borrowers eligible for student loan forgiveness<\/li>\n<li>More used cars are for sale, but ones under $20,000 are &#8216;harder to find&#8217;: Expert<\/li>\n<li>How to claim Trump&#8217;s &#8216;no tax on overtime&#8217; deduction this season<\/li>\n<li>Parents with student debt face deadline to secure affordable repayment, forgiveness<\/li>\n<li>Secure 2.0 let employers pair emergency savings and 401(k)s, but few have done so<\/li>\n<li>Home sellers start getting lower prices at 70, research shows \u2014 here&#8217;s why<\/li>\n<li>Average IRS tax refund is up 10.9% so far this season, early filing data shows<\/li>\n<li>Early estimates point to lower Social Security COLA for 2027<\/li>\n<li>Senators call for longer Social Security Fairness Act lump-sum payment timeline<\/li>\n<li>CNBC&#8217;s Financial Advisor 100: Best financial advisors, top firms ranked<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Any parent or guardian can set up an account for a child under 18, but only children born between 2025 and 2028 are eligible for the one-time $1,000 contribution from the Treasury.  <\/p>\n<p>After filing Form 4547, families will be contacted by a &#8220;trustee&#8221; with further details to complete the account setup, according to TrumpAccounts.gov. The authentication process is expected to begin in May, according to <a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/n-25-68.pdf\" target=\"_blank\" rel=\"noopener\">Treasury guidance<\/a> from December.<\/p>\n<p>Once an account is established, the federal government&#8217;s $1,000 seed funding will be available in Trump accounts on July 4, a Treasury spokeswoman previously told CNBC. <\/p>\n<\/div>\n<div class=\"group\">\n<p>Parents, guardians and others can contribute up to $5,000 annually to Trump accounts until children turn 18 years old. <\/p>\n<p>A growing number of companies have pledged to match the Treasury&#8217;s initial deposit for the children of employees. Employers can deposit up to $2,500 as part of the $5,000 limit. <\/p>\n<p>Other kids may qualify for philanthropist gifts to Trump accounts, depending on income and where they live. Gifts facilitated by the Treasury won&#8217;t count toward the $5,000 contribution limit, Lira from Invest America told CNBC. <\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/trump-accounts.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On the heels of a massive publicity push, including a Super Bowl 60 ad and a billboard in New York&#8217;s Times Square, families have filed about 2 million forms to open Trump accounts, Treasury Secretary Scott Bessent said at an event near Dallas on Friday. &#8220;As we approach 2 million forms, that will probably be<\/p>\n","protected":false},"author":1,"featured_media":25819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[397,567,1240,156,1000,3027,563],"class_list":{"0":"post-25818","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-accounts","9":"tag-early","10":"tag-kids","11":"tag-million","12":"tag-push","13":"tag-sign","14":"tag-trump"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/25818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=25818"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/25818\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/25819"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=25818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=25818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=25818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}