So Money with Farnoosh Torabi · Friday, October 30, 2026
Host Farnoosh Torabi discusses the launch of a mobile app for Trump accounts, which function as IRAs for kids. According to the Treasury Department, the government seeds $1,000 into these accounts for children born between 2025 and 2028, and they allow combined annual contributions up to $5,000.
“According to USA Today, there is now a mobile app for Trump accounts. It launched yesterday. Trump accounts function as IRA accounts for kids,”
“And the government is ceding $1,000 to the accounts for kids born between 2025 and 2028. This is according to the Treasury Department.”