You generally can’t “open” one yourself yet in the usual banking sense; Trump Accounts are a new federal savings/investment program for children, and the latest reports say contributions began on July 4, 2026, with many accounts expected to already be created automatically through the program’s rollout.

What to do

  • Check whether your child was already assigned an account through the federal rollout, since some accounts were seeded automatically with $1,000 for eligible newborns.
  • If you need to add money, look for the official account-opening or contribution instructions from the program administrator or your child’s financial institution, because media coverage says contributions are now live but does not give a single universal retail “sign up here” path.
  • Have your child’s identifying information ready, since child savings programs usually require proof of identity and age. That general requirement is consistent with how the accounts are being described in current coverage.

What’s known now

  • The accounts are described as a new federal savings and investment vehicle for children.
  • Coverage says the program launched on July 4, 2026, and contributions are now allowed.
  • Some outlets note that not every family will find the program equally useful, so it’s worth checking eligibility and fees before moving money.

Practical next step

If you mean a child’s Trump Account , the safest move is to look for the official federal rollout page or the institution handling your child’s account and follow its contribution instructions. TL;DR: Trump Accounts are live, but opening one for your child appears to depend on the federal rollout and account assignment rather than a simple private signup form.