Robinhood: Trump Account Exclusive App is Now Live and Open to Eligible US Households

Odaily reported that Robinhood officially announced on X that the dedicated Trump Account app (available for iOS and Android) is now live and has been opened to all eligible American families. Users can now activate their accounts, which will officially accept deposits starting July 4, 2026.

Robinhood added that all US children under 18 who hold a valid Social Security Number are eligible to open a Trump Account; eligible children born between 2025 and 2028 will receive an initial $1,000 funded by the US Treasury; family members, friends, and employers can contribute up to $5,000 per year in total; this account is designed for long-term investment.

The so-called “Trump Account,” also known as the 530A account, is a tax-deferred investment account program established under the authority of then US President Trump on June 9, 2025, based on the "Big and Beautiful" Act, aimed at setting up government-funded savings accounts for US children born between January 1, 2025 and January 1, 2029. Bank of New York Mellon serves as the designated financial agent for the Trump Account, and Robinhood acts as the selected brokerage and initial trustee.