If you have a child who was born in 2016 and on, there is money sitting on the table with their name on it. All you have to do is claim it.

A new type of investment account called a Trump Account (officially a Section 530A account) was created by the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025. These are tax-advantaged accounts designed to give American children a headstart on long-term financial security. The initial federal money as well as subsequent contributions are invested in low-cost U.S. equity index funds and locked in until your child turns 18.

Here’s the short version: the federal government is giving away $1,000 per child for babies born between 2025 and 2028, and tech billionaire Michael Dell is putting up $250 per child for kids born 2016 through 2024. This is real, free money. And some of it is first-come, first-served.

The $1,000 Federal Contribution: Is Your Child Eligible?

Under a pilot program established by the OBBBA (IRC 6434), the U.S. Treasury will make a one-time $1,000 contribution to the Trump Account of every eligible child who meets all of the following: