США выделяют 1000 долларов на новорожденных! «Счёт Трампа» назначен Robinhood и Морган Стэнли в Нью-Йорке

The U.S. Department of the Treasury officially launched the Trump Accounts program, assisted by JPMorgan Chase and Robinhood. The initiative aims to build long-term wealth for the next generation through capital markets.

The U.S. Department of the Treasury issued an official announcement, formally initiating a major financial policy regarded as a “National Capital Experiment.” According to the Treasury’s statement, JPMorgan Chase (BNY) has been designated as the government’s financial agent, with Robinhood serving as the broker and initial trustee for the Trump Accounts. Both are responsible for supporting the implementation of the “Trump Accounts” plan and initial account management, symbolizing the policy’s official move into execution.

Trump Accounts are positioned as investment accounts designed for U.S. citizens under 18. Under current plans, the government will provide an initial investment of $1,000 for each newborn between 2025 and 2028, directly invested in the market. Subsequently, parents can contribute up to an additional $5,000 annually, and employers can also contribute up to $2,500 for employees’ children with tax benefits. Funds are generally not to be accessed before age 18, but upon reaching adulthood, they can be transferred into long-term investment accounts for continued accumulation.

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White House economic advisors estimate that, assuming an annual return of about 10%, the $1,000 provided by the government alone could grow to approximately $5,800 after 18 years; if families continue to contribute the maximum annually, the asset size could surpass $300,000 at age 18, and even reach $1 million by age 28, becoming a key selling point in the policy promotion.

U.S. Treasury designates JPMorgan Chase and Robinhood to assist with Trump Accounts

According to the announcement, BNY will assist in managing the initial accounts and participate in developing a dedicated Trump Accounts App. The app is positioned as a “white-label” product, led by the government in design and operation, emphasizing security and ease of use, allowing families to conveniently check and manage account assets. The official states that the entire system will be controlled by the Treasury, including account operations and platform governance, ensuring public funds operate under strict regulation.

In the cooperation framework, BNY has established a partnership with Robinhood, which will serve as the broker and initial trustee for Trump Accounts. Additionally, interface design will be jointly handled by the National Design Studio and Robinhood, focusing on creating an intuitive user experience so families can access capital markets with low barriers. The overall structure indicates that this plan is not a single government project but a cross-industry collaboration involving banks, brokerages, and design teams.

The Treasury also emphasizes that, based on its long-standing statutory authority as a “financial agent,” it can designate qualified financial institutions to act as trustees on behalf of the government. The official notes that all participating institutions must meet strict regulatory standards, performance requirements, and cybersecurity controls to ensure the safety of public funds and protect government interests.

The government provides $1,000 to each newborn, with a system that could reach $1 million by age 28

In policy design, Trump Accounts are positioned as investment accounts for U.S. citizens under 18. Under current plans, the government will provide an initial investment of $1,000 for each newborn between 2025 and 2028, directly invested in the market. Subsequently, parents can contribute up to $5,000 annually, and employers can contribute up to $2,500 for employees’ children with tax benefits.

Regarding investment targets, the policy sets clear restrictions: funds must be invested in low-cost index funds or ETFs tracking the U.S. stock market, with management fees not exceeding 0.1%, ensuring that long-term compound interest effects are not eroded by costs. This design is seen as directly tying national assets to U.S. economic growth, realizing long-term wealth accumulation through capital markets.

The account mechanism is similar to an individual retirement account (IRA); funds generally cannot be accessed before age 18, but upon reaching adulthood, they can be transferred into long-term investment accounts for continued growth. Early withdrawals may face restrictions or penalties, but exceptions are allowed for educational expenses and first-time home purchases.

White House economic advisors estimate that, assuming an annual return of about 10%, the $1,000 provided by the government alone could grow to approximately $5,800 after 18 years; if families continue to contribute the maximum annually, the asset size could surpass $300,000 at age 18, and even reach $1 million by age 28, becoming a key selling point in the policy promotion.

• This article is reprinted with permission from: 《Chain News》
• Original title: 《Government distributes $1,000 to newborns! “Trump Accounts” designated Robinhood and JPMorgan Chase for handling》
• Original author: Neo