Program Includes $1,000 Federal Seed Deposit & Draws High-Profile Celebrity A Corporate Pledges
Wednesday, January 28, 2026, 2:30 P.M. ET. 3 Minute Read, By Haylee Ficuciello, Economy & Finance Editor: Englebrook Independent News,
WASHINGTON, DC.- President Donald Trump on Wednesday formally rolled out a new federal initiative, branded “Trump Accounts,” aimed at jumpstarting long-term savings and investment for America’s youngest citizens, while leveraging private philanthropy and corporate participation to expand the program’s reach.
The announcement was made during a Treasury Department summit in Washington, D.C., where administration officials confirmed that more than 500,000 families have already signed up for the program, signaling early national interest as the initiative moves toward its scheduled launch later this year.
What “Trump Accounts” Are, And Who Qualifies;
According to Internal Revenue Service guidance and administration materials, Trump Accounts are tax-advantaged investment accounts established at birth for eligible children.
Under the program’s current structure:
- Each eligible child receives a one-time $1,000 federal seed deposit
- Eligibility applies to children born between January 1, 2025, and December 31, 2028
- The child must be a U.S. citizen and possess a valid Social Security number
- Participation does not require additional family contributions, though voluntary contributions are permitted within annual limits
The official Trump Accounts website lists the program’s public rollout date as July 5, 2026, at which time families may begin managing contributions and investment options.
Administration officials emphasized that the accounts are designed to grow over time through long-term market participation, allowing compounding returns to play a central role in wealth accumulation.
Celebrity Attendance And Public Support;
Wednesday’s Treasury summit drew not only cabinet officials and economic advisers, but also a number of high-profile public figures whose participation the White House said was intended to broaden national awareness of the program.
Among the most notable attendees was Nicki Minaj, who addressed the audience and publicly pledged between $150,000 and $300,000 in support of Trump Accounts.
Actress Cheryl Hines was also in attendance and spoke favorably about the initiative, describing it as a forward-looking investment in America’s future, though no personal financial pledge was attributed to her remarks.
Verified Donations and Financial Commitments;
In addition to the federal government’s baseline contribution, Trump Accounts are being supplemented by substantial private and corporate commitments aimed at expanding benefits and participation.
As of January 28, 2026, the following donations and pledges have been publicly confirmed:
Individual and Philanthropic Contributions
- Nicki Minaj pledged $150,000 to $300,000 in direct support of the program
- Michael Dell and Susan Dell cited in reporting for a $6.25 billion commitment connected to Trump Accounts and related investment initiatives
- Ray Dalio and Barbara Dalio pledged approximately $75 million to seed Trump Accounts for children in Connecticut
Corporate Matching and Participation Programs
Several major corporations announced participation by matching the federal seed deposit for eligible employees’ children or offering additional contribution mechanisms:
- JPMorgan Chase announced a $1,000 match for employees’ children
- Bank of America confirmed similar matching contributions and payroll-based pretax contribution options
- Visa announced plans allowing cardholders to direct credit card rewards into Trump Accounts through partner financial institutions
Additional firms, including BlackRock, have expressed support through employer-based matching frameworks, though implementation details vary by company.
Administration’s Economic Rationale;
White House and Treasury officials framed the Trump Accounts as a long-term economic strategy aimed at normalizing savings, broadening market participation, and improving household financial resilience.
According to administration estimates cited during the summit, an account receiving the initial federal deposit and consistent annual contributions could reach nearly $1.1 million by age 28, depending on contribution levels and market performance.
Officials stressed that participation in the program does not obligate families to make further deposits beyond the initial federal contribution, underscoring its accessibility across income levels.
Editor’s Note:
This article was written by Haylee Ficuciello, Economy & Finance Editor, and Englebrook Independent News independently verified program eligibility requirements, federal seed-deposit details, and rollout timelines using IRS guidance and the official Trump Accounts website. Donation amounts and corporate participation listed in this article reflect publicly reported pledges and announcements as of January 28, 2026, and may evolve as formal agreements are finalized.
