White House Launches Trump Accounts, Giving $1,000 to Every Child Born 2025-2028

The White House launched the Trump Accounts initiative in April 2026, placing $1,000 into a long-term savings account for every child born in the United States between 2025 and 2028.

Parents manage the accounts until the child turns 18. At that point, the funds can be used for higher education, purchasing a home, or starting a business. The program is designed to give children a financial head start and provide real-world investing experience.

The Financial Literacy and Education Commission, which operates under the U.S. Department of the Treasury, held a public meeting in February 2026 to discuss the program's implementation and outreach. The commission is also updating the U.S. National Strategy for Financial Literacy and is seeking public feedback.

April is National Financial Literacy Month, recognized by both the White House and the Treasury Department. The FDIC's Money Smart program is also active this month, helping Americans learn budgeting, saving, credit building, and money protection.

The Securities and Exchange Commission issued an investor bulletin called "Investor.gov Tips for 2026" and is conducting outreach events for military service members, veterans, older adults, teachers, and students.

The state of Michigan enacted bipartisan legislation in 2026 requiring a personal finance class in its high school curriculum, joining a growing number of states that mandate financial education.

For 2026, the 401(k) contribution limit has increased to $24,500, with higher catch-up contributions available for those aged 50 and older. The federal estate tax exemption is expected to be $15 million per individual, or $30 million for married couples.