{"id":432,"date":"2026-07-07T13:42:10","date_gmt":"2026-07-07T13:42:10","guid":{"rendered":"https:\/\/officemovingamerica.com\/?p=432"},"modified":"2026-07-07T13:42:10","modified_gmt":"2026-07-07T13:42:10","slug":"trump-marks-1st-trading-day-for-trump-accounts","status":"publish","type":"post","link":"https:\/\/officemovingamerica.com\/?p=432","title":{"rendered":"Trump Marks 1st Trading Day for Trump Accounts"},"content":{"rendered":"
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President Donald Trump on Monday marked the first trading day for Trump Accounts by ringing the stock market\u2019s opening bell and announcing that the government had deposited the first $1,000 into more than 500,000 accounts.<\/p>\n

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\u201cThose accounts will begin to grow along with our booming economy,\u201d Trump said in the Oval Office. \u201cWe\u2019re giving this money to children so they can have a good life.\u201d<\/p>\n<\/div>\n

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Accounts opened for U.S. citizens born between 2025 and 2028 will receive a one-time $1,000<\/u> deposit from the Treasury Department.<\/p>\n<\/div>\n

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“The American dream belongs to every child, and today we are equipping the next generation with the right to claim their rightful share of it through Trump Accounts,” Treasury Secretary Scott Bessent said at the event, adding that \u201c6 million American children have signed up.\u201d<\/p>\n<\/div>\n

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What Are Trump Accounts?<\/b><\/h2>\n<\/div>\n
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Trump Accounts are tax-advantaged savings accounts that were included in the \u201cbig beautiful bill\u201d that the president signed into law last year.<\/p>\n<\/div>\n

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The Treasury Department called<\/u> Trump Accounts \u201can innovative savings and investment platform designed to ensure that future generations of Americans own a stake in the American economy from day one.\u201d<\/p>\n

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According to the IRS, Trump Accounts are \u201cfor a child who has not turned age 18 before the end of the calendar year in which the election is made and has a valid Social Security number. It features a pilot program contribution of $1,000 for children born between Jan. 1, 2025, and Dec. 31, 2028, and who are U.S. citizens with a valid Social Security number.\u201d<\/p>\n<\/div>\n

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Trump Accounts grow tax-deferred<\/u>, and investment gains aren\u2019t taxed until the money is withdrawn. Withdrawals are subject to income tax.<\/p>\n<\/div>\n

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How Much Can Go Into a Trump Account?<\/b><\/h2>\n<\/div>\n
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Parents and others will be able to deposit as much as $5,000 a year into the accounts.<\/p>\n<\/div>\n

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\u201cFunds can be accessed without penalty when the child turns 18 for qualified expenses like education or a first home purchase,\u201d according to the Trump Accounts website<\/u>. \u201cWithdrawals may be subject to restrictions and would be taxed at ordinary income rates.\u201d<\/p>\n

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How Do You Sign Up for a Trump Account?<\/b><\/h2>\n<\/div>\n
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Parents can sign up for an account through the IRS<\/u>.<\/p>\n<\/div>\n

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Trump said that the government had deposited the first $1,000 into more than 500,000 Trump Accounts.<\/p>\n","protected":false},"author":1,"featured_media":431,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[5,4,153,23,8],"class_list":["post-432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-donald-trump","tag-economy","tag-money","tag-politics","tag-sign-in-to-manage-your-newsletters"],"yoast_head":"\nTrump Marks 1st Trading Day for Trump Accounts - Office Moving America<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/officemovingamerica.com\/?p=432\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Marks 1st Trading Day for Trump Accounts - Office Moving America\" \/>\n<meta property=\"og:description\" content=\"Trump said that the government had deposited the first $1,000 into more than 500,000 Trump Accounts.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/officemovingamerica.com\/?p=432\" \/>\n<meta property=\"og:site_name\" content=\"Office Moving America\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-07T13:42:10+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/#\\\/schema\\\/person\\\/953f33efe585ac76cdf8428d434d3061\"},\"headline\":\"Trump Marks 1st Trading Day for Trump Accounts\",\"datePublished\":\"2026-07-07T13:42:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432\"},\"wordCount\":387,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/officemovingamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2ef3f469d3db65610b19a0b06c9f7670.jpg\",\"keywords\":[\"Donald Trump\",\"economy\",\"money\",\"politics\",\"Sign in to manage your newsletters \u00bb\"],\"articleSection\":[\"National News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/officemovingamerica.com\\\/?p=432#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432\",\"url\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432\",\"name\":\"Trump Marks 1st Trading Day for Trump Accounts - Office Moving America\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/officemovingamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2ef3f469d3db65610b19a0b06c9f7670.jpg\",\"datePublished\":\"2026-07-07T13:42:10+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/#\\\/schema\\\/person\\\/953f33efe585ac76cdf8428d434d3061\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/officemovingamerica.com\\\/?p=432\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/officemovingamerica.com\\\/?p=432#primaryimage\",\"url\":\"https:\\\/\\\/officemovingamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2ef3f469d3db65610b19a0b06c9f7670.jpg\",\"contentUrl\":\"https:\\\/\\\/officemovingamerica.com\\\/wp-content\\\/uploads\\\/2026\\\/07\\\/2ef3f469d3db65610b19a0b06c9f7670.jpg\",\"width\":1024,\"height\":680,\"caption\":\"WASHINGTON, DC - JULY 06: U.S. President Donald Trump rings a bell to mark the first day of trading for \\\"Trump Accounts\\\" with invited children, NYSE President Lynn Martin, NYSE Chairman Jefferey Sprecher, Susan Dell and others in the Oval Office at the White House on July 06, 2026 in Washington, DC. 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