What are Trump Accounts?

Government-funded savings for U.S. kids under 18: $1K seed, parental/employer contributions, managed initially by BNY and Robinhood.

How much can you put into Trump Accounts?

Parents up to $5K/year, employers $2.5K/year, plus the $1K government starter.

Yes, rollovers to other institutions after one year.

🏦 Digital Banking

Imagine the government handing your toddler $1,000 to invest. Robinhood's in charge. Great idea or recipe for mini day-traders?

Fintech Pulse Apr 06, 2026 3 min read 15 views

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#BNY Mellon #Robinhood #Trump Accounts #child savings accounts

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Originally reported by PYMNTS