If you've heard about Trump Accounts and wondered where they came from, here's the straightforward answer.
Trump Accounts, officially called Invest America Accounts, were created by the One Big Beautiful Bill Act, a piece of federal legislation passed by Congress and signed into law in 2025 by President Donald Trump.
What Is the One Big Beautiful Bill?
The One Big Beautiful Bill Act is a broad piece of legislation that covers tax policy, spending, and economic initiatives. The Invest America program is one component of it.
The core idea: give every American child a government-seeded investment account, get them invested in the U.S. stock market from birth, and set them up with a financial foundation before they're old enough to drive. You can read more about what Trump Accounts are and how they work.
Who Administers the Program?
The program is administered by the U.S. Treasury Department. Accounts are initially held by the government, invested in low-cost S&P 500 index funds, and managed until your child turns 18.
After July 2026, families will be able to roll accounts over to participating financial institutions. The official government portal is trumpaccounts.gov.
Why Are They Called Trump Accounts?
The legislation was championed by the Trump administration and signed by President Trump, so the informal name stuck. The official name is Invest America Accounts, which is what you'll see on IRS Form 4547 and official government communications.
Both names refer to the exact same program.
What Did the Law Actually Create?
The law established:
- A federal investment account available to any U.S. child under 18 with a Social Security Number
- A $1,000 government seed contribution for children born between January 1, 2025 and December 31, 2028
- A $5,000 annual contribution limit from all sources (family, employers, charities)
- Tax-deferred growth invested in S&P 500 index funds with a 0.10% expense cap
- Account conversion to a traditional IRA when the child turns 18
See how much your child could potentially receive based on contributions and projected growth.
When Does the Program Start?
Accounts open July 5, 2026. But if your child was born in 2025 through 2028, there's an action to take before then: file IRS Form 4547 with your 2025 tax return by April 15, 2026 to claim the $1,000 seed.
For a full walkthrough, check out our step-by-step guide to opening a Trump Account.
What Does Grifin Have to Do With It?
Grifin is a private investing app. We're not affiliated with the U.S. government or the Invest America program. We built investamericaquiz.com to help parents quickly find out if their child qualifies and what they're eligible for. When the program launches, we plan to offer families the option to roll their Trump Account into Grifin.
Take the 30-second quiz at investamericaquiz.com to see what your child qualifies for.
Not sure where to start? Here's every question people are asking about Trump Accounts.
This post is for educational purposes only and is not tax, legal, or investment advice. Grifin is not affiliated with the U.S. government or the Invest America program.
