For thousands of parents across the US, the launch of the Trump Accounts app marks the beginning of a new government-backed savings scheme aimed at giving children a financial head start. The mobile app, now available on major app stores, works alongside the existing TrumpAccounts.gov website and allows families to manage the new savings accounts more easily.
The programme offers a one-time government contribution of $1,000 for eligible children born between 2025 and 2028. Account activation begins on July 4, when the first government deposits are expected to be made. For families who have already enrolled, the next few days are important.
