The Trump Accounts savings program, created by the One Big Beautiful Bill Act and signed into law by President Donald Trump, officially launched on July Fourth with a $1,000 federal seed contribution for children born 2025-2028. Parents, relatives, and employers may contribute up to $5,000 annually, with funds controlled by guardians until age 18 and restricted to college, home purchase, or business startup. The Treasury Department released a dedicated app and hosted a reception attended by corporate and policy figures.