President Donald Trump speaks during an event at Carnegie Mellon Auditorium, Wednesday, Jan. 28, 2026, in Washington, D.C. (Jose Luis Magana/AP Photo)
To underscore the importance of investing in American children, Trump issued a call to U.S. employers to make matching contributions to their workers' kids' accounts.
"I'm officially calling on all employers all across America to follow the lead of many of these amazing companies and make matching Trump Account contributions to benefit for the American worker, and they're going to benefit the American worker so much," the president said at an event on Wednesday.
Trump Accounts were included in the One Big Beautiful Bill Act (OBBBA) last year and are set to launch on July 4, 2026. Under the program, every American child born between Jan. 1, 2025, and Dec. 31, 2028, and will be funded with $1,000 from the U.S. Treasury. The accounts can be established by an authorized adult, including a parent, guardian, adult sibling or grandparent, as long as they have a valid Social Security number. However, a Social Security number is not required to make contributions of up to $5,000 annually.
President Donald Trump speaks during an event at Carnegie Mellon Auditorium, Wednesday, Jan. 28, 2026, in Washington, D.C. (Jose Luis Magana/AP Photo)
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The president painted the accounts as an opportunity for the next generation of Americans, saying that it would "ensure that Americans don't just end their lives with a nest egg, but instead, all Americans will begin their lives with a beautiful nest egg."
"For the first time ever, we're going to give every newborn American child a financial stake in the future, a head start in life and a fair shot at the American dream," Trump said on Wednesday.
Fox News Digital's Michael Sinkewicz contributed to this report.
Rachel Wolf is a breaking news writer for Fox News Digital and FOX Business.
https://www.foxnews.com/politics/trump-calls-employers-nationwide-match-contributions-workers-kids-trump-accounts