Treasury Launches Trump Accounts App Nationwide, Pairing $6.25B Dell Pledge With $1,000 Government Seed
- The U.S. Treasury rolled out the full-scope Trump Accounts app on July 4, activating funding, real-time balance tracking and 15 new financial-education modules after a setup-only release on May 28.
- Children born 2025–2028 qualify for a one-time $1,000 government contribution, with some 2016–2024 births in eligible areas eligible for $250; investments are limited to low-cost index funds/ETFs with a 0.10% expense cap and no withdrawals before age 18.
- The app launch operationalizes Michael and Susan Dell's $6.25B Foundation pledge to seed accounts for ~25M low-income children, turning the One Big Beautiful Bill Act program into a live retail-investment platform.