Families Still Await $1,000 Seed Funding from U.S. Trump Accounts Program

President Donald Trump is promoting the newly launched "Trump Accounts," a tax‑advantaged investment program that offers a $1,000 seed contribution from the U.S. Treasury to every child born during his second term (2025‑2028). The Treasury Department reports about 6.5 million sign‑ups, with roughly 1.5 million children eligible for the seed money. While some parents have received the funds, others say they are still waiting. New parents Masaki and Kristina McLellan from Bergen County, New Jersey, applied on July 6; after an initial rejection the account was activated following an hour on the program’s hotline, and they were told the $1,000 would appear within ten days. The accounts can accept contributions from relatives, friends and employers, are invested in index funds, and cannot be accessed until the child turns 18 for purposes such as education, starting a business or buying a home. Supporters argue the scheme will lift children out of poverty and give more Americans a stake in the stock market, while critics note delays in fund delivery.