Trump Accounts through Chime
Jumpstart your child’s financial future with a Trump Account
Trump Accounts is a new government-backed investment program for kids under 18—and Chime makes it simple to get yours.

To be eligible, the child must be under 18 at the end of the year the account is opened, have a Social Security number, and be a U.S. citizen. Babies born between January 1, 2024 and December 31, 2028 may qualify for a $1,000 contribution from the U.S. Treasury.

With the $1,000 government contribution and an average of $5,000 a year from you, friends, or family, your child could reach age 18 with $271,000 saved.1
Get a Trump Account Started Today
Trump Accounts for kids
Growing your child’s wealth, made easy
A Trump Account is a government-backed investment account opened in your child’s name. Just like other investment accounts, like a 401(k) or IRA, help you build wealth and save for retirement, a Trump Account helps your child build wealth for adulthood. The account functions similarly to a traditional IRA: it’s fully in your child’s name, you manage it until they turn 18, and then it’s theirs to use.
Learn More
How a Trump Account works
Contributions grow over time
Parents, family, friends, and employers can contribute up to $5,000 per year to a child’s Trump Account. Funds are automatically invested in approved low-cost index funds that track the U.S. stock market. With consistent contributions, a Trump Account can grow to meaningful savings by the time your child graduates high school.
Projected age
18
Annual contribution
$5,000
Estimated balance
$271,000
Projected Trump Account growth from age 0 to 18 $250K $200K $150K $100K $50K $0 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
*
Withdrawals may be subject to restrictions and would be taxed at ordinary income rates.
Estimates are for illustration only, are based on an account opening at birth with a $1,000 opening deposit, and are derived from historical S&P averages. Actual results may differ and are not guaranteed.
How to enroll
How to open a Trump Account for your child
Getting started is easy.
Submit a form through the Treasury
You can file Form 4547 directly through the Trump Accounts portal.
What can my child use their Trump Account for?
Learn more about Trump Accounts
Frequently asked questions

  • What is a Trump Account?

    A Trump Account is a new type of permanent, government-supported investment account for children under 18 in the U.S. It's authorized by federal law and focuses on long-term investing rather than day-to-day spending. These accounts can be an important step toward unlocking financial progress and expanding long-term financial security for millions of children.

  • Is a Trump Account safe?

    A Trump Account is a new government investment program for children. It's a tax-advantaged investment account and is as safe and secure as any type of similar investment account, such as your 401(k). Like any investment account, there are pros and cons, and returns are not guaranteed.

  • Who is eligible for a Trump Account?

    Any U.S. citizen under age 18 with a Social Security number is eligible.

  • How do I open a Trump Account for my child?

    You can open a Trump Account by completing IRS form 4547 here.

  • Do I have to invest my own money to get the $1,000?

    Babies born between January 1, 2024 and December 31, 2028 may qualify for a $1,000 contribution from the U.S. Treasury. The U.S. Treasury will contribute $1,000 to eligible accounts regardless of whether you make a contribution. The $1,000 does not count toward the $5,000 annual contribution limit.

  • How much can I contribute to a Trump Account each year?

    Once you open an account, you can contribute up to $5,000 per year on your child's behalf to grow their savings. Babies born between Jan. 1, 2025 and Dec. 31, 2028 will also receive a one-time $1,000 government contribution as part of a pilot program.

  • What's the difference between a Trump Account and a 529 account?

    A Trump Account is a new tax-deferred savings account for children created as part of the One Big Beautiful Bill Act. A 529 plan, legally titled the "Qualified Tuition Program," is a state-sponsored college savings account designed to make it easier for families to save for college. Learn more here.

  • What happens to the money when my child turns 18?

    Once your child turns 18, they can access the funds to help pay for college expenses, make a down payment on a house, start a new business venture, or pursue another financial goal. Alternatively, they can leave the money in the account so it can continue to grow.

  • Can I open a Trump Account if my child was born before 2025?

    Yes—as long as your child is under 18, you can open an account for them. However, only children born between Jan. 1, 2025 and Dec. 31, 2028 are eligible for the $1,000 pilot contribution from the U.S. Treasury.

  • When can I start contributing to a Trump Account?

    The first date funds can be deposited into Trump Accounts is July 4, 2026. The Treasury Department will send activation information starting in May 2026.

  • Where can Trump Account funds be used?

    Funds can be accessed without penalty when the child turns 18 for qualified expenses like education, a first home purchase, or starting a business. Withdrawals may be subject to restrictions and would be taxed at ordinary income rates.

Resources
Chime Makes New Trump Accounts More Accessible for Working Families This Tax Season
Chime News
Read More ›
Build Your Child’s Financial Future With a Trump Account
Chime Guides
Read More ›
Child investment accounts explained: the history behind ‘Trump Accounts’
Banking Basics
Read More ›
In the news
CNBC Squawk Box
Chime CEO Chris Britt on Trump Accounts
Read More ›
American Banker
Chime beats Q4 estimates, leans into Trump Accounts
Read More ›
Bloomberg
Chime Joins Firms Matching Worker ‘Trump Account’ Contributions
Read More ›
Business Insider
The major companies putting $1,000 into their employees’ Trump accounts
Read More ›
“
We are huge fans of Trump Accounts.… It’s an incredible opportunity to give everyday consumers a piece of the growth and long-term success of our country.…

Compounding interest is the eighth wonder of the world, and if we can get people involved with investments early in their life, nothing’s better than that.”

—Chris Britt, Co-founder and CEO, Chime
CNBC Squawk Box
Why Chime
Trusted by millions of everyday Americans
Chime was built for the families Trump Accounts are designed to serve—
and our members trust us to help them make real financial progress.
members nationwide, the majority of whom rely on Chime as their primary financial hub
More people open a Chime checking account than any other bank account, according to JD Power
Best Banking Brand in America
According to TIME World’s Best³
of Chime members say they feel more financially empowered and confident with their finances⁴

Chime® does not provide tax advice. Please consult your accountant for tailored tax guidance.

These tax filing offers are not endorsed or offered by our partners, The Bancorp Bank, N.A. or Stride Bank, N.A.

Tax e-file services provided by April Tax Solutions Inc. (“april”).

Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. The Chime Visa® Debit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa debit cards are accepted. The secured Chime Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A. pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your Card for its issuing bank.

1Estimates are for illustration only, are based on an account opening at birth with a $1,000 opening deposit, and are derived from historical S&P averages. Actual results may differ and are not guaranteed.

2In a quarterly JD Power study conducted via consumer survey between August and September 2025, more new checking accounts were opened through Chime than any listed financial institution or financial partner. Chime offers access to checking accounts used for everyday banking. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

3Based on a 2025 ranking published by TIME. Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.



4Chime is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC. 3,000 active Chime members surveyed – February 2025.

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