CNBC July 01, 2026 • 12:15

Trump Accounts for kids launch July 4: What parents need to know - CNBC

By Jessica Dickler, Kate Dore, CFP®, EA

Trump Accounts for kids launch July 4: What parents need to know - CNBC

Here's a breakdown of how Trump Accounts work, who qualifies for free money and when the funds can be withdrawn.

Trump Accounts officially launch on July 4. These new tax-advantaged investment accounts for children are geared toward longterm retirement savings, rather than education or shorterterm goals.
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