Eligible children born in years 2025-2028 begin receiving their $1,000 Trump Account contributions from the U.S. Treasury today
July 06, 2026 — The U.S. Treasury Department announced the launch of Trump Accounts, an important milestone in expanding long-term investing opportunities for future generations. Eligible children born between January 1, 2025 and December 31, 2028 will begin to receive the program’s $1,000 government contribution starting today.
As financial agent for Trump Accounts, BNY is managing the national infrastructure for the program. BNY is collaborating with Robinhood, a leading financial technology platform committed to democratizing the markets for investors, to provide initial trustee and brokerage services.
“At BNY, we believe that expanding access to the financial system helps create opportunity across generations,” said Robin Vince, CEO of BNY. “Trump Accounts have the potential to introduce millions of children to the long-term power of saving and investing. As we celebrate America’s 250th anniversary, we are proud to work alongside the U.S. Department of the Treasury and Robinhood on a program that can help more families start building for the future.”
“Ownership works best when it starts at birth,” said Vlad Tenev, Chairman and CEO of Robinhood. “Trump Accounts help the next generation build a financial foundation from day one, giving them a head start on the American dream. Robinhood is honored to support this program as broker and sole initial trustee, in collaboration with BNY.”
BNY’s role builds on its participation as one of the first financial services companies to join the Trump Accounts program. The company previously announced it will match the federal government's $1,000 contribution for eligible newborns of its eligible U.S. employees, doubling the investment in each child's future and helping families start saving from the beginning.
Learn more at trumpaccounts.gov.
About BNY
BNY is a global financial services platforms company at the heart of the world's capital markets. For more than 240 years BNY has partnered alongside clients, using its expertise and platforms to help them operate more efficiently and accelerate growth. Today BNY serves over 90% of Fortune 100 companies and nearly all the top 100 banks globally. BNY supports governments in funding local projects and works with over 90% of the top 100 pension plans to safeguard investments for millions of individuals. As of March 31, 2026, BNY oversees $59.4 trillion in assets under custody and/or administration and $2.1 trillion in assets under management.
BNY is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BNY). Headquartered in New York City, BNY has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. Additional information is available on www.bny.com. Follow on LinkedIn or visit the BNY Newsroom for the latest company news.
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