“Trump Accounts are truly a unique opportunity not only for myself and my daughter but for kids all over the country.” – Iowa farmer and father
WASHINGTON, D.C. — In opposing the Working Family Tax Cuts, every Senate Democrat voted against new tax-advantaged investment accounts for infants and children.
Trump Accounts, a pro-family program launching on July 4, 2026, empower parents to invest in their children’s futures and offer long-term financial security to them from an early age.
“I’ve got a 10-month-old girl,” said Cordt Holub, a fourth-generation Iowa farmer. “[Trump Accounts are] truly a unique opportunity not only for myself and my daughter but for kids all over the country,” he explained.
Beginning tomorrow, every eligible child born between January 1, 2025, and December 31, 2028, will receive a $1,000 federal contribution through the Trump Accounts pilot program.
Friends, neighbors, and employers can also make additional contributions to children’s Trump Accounts, allowing families to build savings that can help children pursue college, purchase a future home, or even start a business.
Holub said he plans to match the $1,000 seed investment for his 10-month-old daughter and open an account for his 3-year-old son as well.
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