{"id":41370,"date":"2026-02-20T22:48:17","date_gmt":"2026-02-20T22:48:17","guid":{"rendered":"https:\/\/financialrush.com\/?p=41370"},"modified":"2026-02-20T22:48:17","modified_gmt":"2026-02-20T22:48:17","slug":"trump-accounts-sign-up-about-3-million-kids-in-early-push","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=41370","title":{"rendered":"Trump accounts sign up about 3 million kids in early push"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108262182\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108262182\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000403206\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"\/><span\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>On the heels of a massive publicity push, including a <a href=\"https:\/\/www.cnbc.com\/2026\/02\/05\/super-bowl-ad-trump-accounts.html\">Super Bowl 60 ad<\/a> and a billboard in New York\u2019s Times Square, families have filed about 2 million forms to open <a href=\"https:\/\/www.cnbc.com\/2026\/02\/02\/trump-accounts.html\">Trump accounts<\/a>, Treasury Secretary Scott Bessent said at an event near Dallas on Friday.   <\/p>\n<p>\u201cAs we approach 2 million forms, that will probably be about 3 million children,\u201d Bessent said.<\/p>\n<p>The stop was part of the Trump Accounts Tour, following an earlier speech at the Economic Club of Dallas, where Bessent also plugged the accounts.   <\/p>\n<p>\u201cPrograms like this often struggle with sign-ups,\u201d Matt Lira, co-founder of Invest America, a nonprofit advocacy group, told CNBC in an interview. Invest America paid for the\u00a0<a href=\"https:\/\/www.cnbc.com\/2026\/02\/05\/super-bowl-ad-trump-accounts.html\">Trump account Super Bowl commercial<\/a> and has been promoting the new investment accounts for children.<\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/2026\/01\/28\/bessent-trump-account-applications.html\">early response<\/a> from families \u201cshows that the product market fit on the idea is strong,\u201d he said.<\/p>\n<p>The <a href=\"https:\/\/www.cnbc.com\/2026\/01\/08\/irs-accepting-tax-returns.html\">opening of tax season<\/a> on Jan. 26 was the <a href=\"https:\/\/www.cnbc.com\/2026\/01\/26\/open-trump-account-tax-return.html\">first opportunity<\/a> for families to elect to open Trump accounts and <a href=\"https:\/\/www.cnbc.com\/2025\/12\/05\/trump-accounts-free-money.html\">claim seed money <\/a>of up to $1,000 by filing IRS Form 4547 with their <a href=\"https:\/\/www.cnbc.com\/taxes\/\">2025 tax returns<\/a>.  <\/p>\n<p>Less than two weeks later, following the Super Bowl on Feb. 8, Invest America <a href=\"https:\/\/x.com\/InvestAmerica24\/status\/2020711057417970137\" target=\"_blank\">announced in an X post<\/a> that families could also <a href=\"https:\/\/www.cnbc.com\/2026\/02\/09\/trump-accounts-sign-up-form.html\">start filing Form 4547 separately<\/a> through TrumpAccounts.gov. <\/p>\n<\/div>\n<div class=\"group\">\n<div class=\"RelatedContent-relatedContent\" id=\"RegularArticle-RelatedContent-1\">\n<div class=\"RelatedContent-container\">\n<div class=\"RelatedContent-nonCollapsibleContent\">\n<h2 id=\"read-more-cnbc-personal-finance-coverage\" class=\"RelatedContent-header\">Read more CNBC personal finance coverage<\/h2>\n<div class=\"group\">\n<ul>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/trump-accounts.html\">Treasury: Trump accounts sign up about 3 million kids in early push<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/average-irs-tax-refund.html\">Average IRS tax refund is up 14.2%, according to early filing data<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/student-loan-delinquency.html\">Student loan delinquency rate jumps to nearly 25% in Trump\u2019s second term: analysis<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/supreme-court-trump-tariffs-ruling-your-money.html\">What Supreme Court ruling against Trump tariffs means for your money<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/subprime-borrowers-personal-loans.html\">Personal loans surge: It\u2019s \u2018the middle-class refinancing option,\u2019 expert says<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/trump-tax-refunds.html\">Trump: tax refunds are \u2018substantially greater than ever before.\u2019 What to expect<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/19\/trump-colleges-low-student-loan-repayment-rates.html\">Trump officials warn hundreds of colleges with low student loan repayment rates<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/18\/as-ai-puts-the-squeeze-on-entry-level-jobs-teens-remain-optimistic.html\">As AI puts the squeeze on entry-level jobs, teens remain optimistic: report<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/17\/student-loan-forgiveness-eligibility-reaches-more-borrowers-.html\">Trump administration finds more borrowers eligible for student loan forgiveness<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/17\/used-car-affordability.html\">More used cars are for sale, but ones under $20,000 are \u2018harder to find\u2019: Expert<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/17\/no-tax-on-overtime-deduction.html\">How to claim Trump\u2019s \u2018no tax on overtime\u2019 deduction this season<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/16\/student-loan-parent-plus-forgiveness.html\">Parents with student debt face deadline to secure affordable repayment, forgiveness<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/15\/emergency-savings-401ks.html\">Secure 2.0 let employers pair emergency savings and 401(k)s, but few have done so<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/14\/home-sellers-start-getting-lower-prices-at-70-research-shows.html\">Home sellers start getting lower prices at 70, research shows \u2014 here\u2019s why<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/average-tax-refund-early-irs-data.html\">Average IRS tax refund is up 10.9% so far this season, early filing data shows<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/social-security-cola-2027-early-estimates.html\">Early estimates point to lower Social Security COLA for 2027<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2026\/02\/13\/social-security-fairness-act-lump-sum-payment-timeline.html\">Senators call for longer Social Security Fairness Act lump-sum payment timeline<\/a><\/li>\n<li><a href=\"https:\/\/www.cnbc.com\/2025\/10\/01\/best-financial-advisors.html\">CNBC\u2019s Financial Advisor 100: Best financial advisors, top firms ranked<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Any parent or guardian can set up an account for a child under 18, but only children born between 2025 and 2028 are eligible for the one-time $1,000 contribution from the Treasury.  <\/p>\n<p>After filing Form 4547, families will be contacted by a \u201ctrustee\u201d with further details to complete the account setup, according to TrumpAccounts.gov. The authentication process is expected to begin in May, according to <a href=\"https:\/\/www.irs.gov\/pub\/irs-drop\/n-25-68.pdf\" target=\"_blank\">Treasury guidance<\/a> from December.<\/p>\n<p>Once an account is established, the federal government\u2019s $1,000 seed funding will be available in Trump accounts on July 4, a Treasury spokeswoman previously told CNBC. <\/p>\n<\/div>\n<div class=\"group\">\n<p>Parents, guardians and others can contribute up to $5,000 annually to Trump accounts until children turn 18 years old. <\/p>\n<p>A growing number of companies have <a href=\"https:\/\/www.cnbc.com\/2026\/01\/25\/trump-accounts-employer-matches.html\">pledged to match<\/a> the Treasury\u2019s initial deposit for the children of employees. Employers can deposit up to $2,500 as part of the $5,000 limit. <\/p>\n<p>Other kids may qualify for philanthropist <a href=\"https:\/\/www.cnbc.com\/2026\/01\/28\/altimeter-capital-brad-gerstner-trump-accounts-indiana.html\">gifts to Trump accounts<\/a>, depending on income and where they live. Gifts facilitated by the Treasury won\u2019t count toward the $5,000 contribution limit, Lira from Invest America told CNBC. <\/p>\n<\/div>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.cnbc.com\/2026\/02\/20\/trump-accounts.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"On the heels of a massive publicity push, including a Super Bowl 60 ad and a billboard in&hellip;\n","protected":false},"author":3,"featured_media":41371,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-41370","post","type-post","status-publish","format-standard","has-post-thumbnail","category-investing","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/41370","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41370"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/41370\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/41371"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}