Treasury Launches Trump Accounts with BNY Mellon and Robinhood
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The U.S. Treasury has appointed BNY Mellon as the financial agent and Robinhood as the technology partner for Trump Accounts, a tax-advantaged investment program for children under 18. Eligible children born between 2025 and 2028 receive a $1,000 Treasury seed invested in low-cost U.S. stock index funds, with families allowed to contribute up to $5,000 annually. Scheduled to launch on July 4, 2026, the program already has 4 million accounts and aims to foster long-term wealth creation and expand stock market participation across American households.
