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Trump Newborn Account: Eligibility, Application & What to Expect

by Ahmed Hassan - World News Editor

Who is eligible for the $1,000 Trump Account

Eligibility is based on birth timing, citizenship, and documentation.

To qualify:

  • The⁣ child must be born within the ‍official eligibility window, ⁢widely ⁤reported as 1 January 2025 to 31 December 2028, pending final confirmation.
  • the child must be a US citizen at birth.
  • A valid Social Security number is⁣ required.
  • The account must be properly activated once‌ the enrolment process ‍opens.
  • Children ‌born outside the window, non-citizens, or those without required documentation are not expected to ‍qualify.

Who does not qualify for the Trump Account

Some newborns will be ⁣excluded even if parents intend to participate. This includes:

  • Babies born before or after the eligibility period.
  • Children without US citizenship.
  • Families that do not complete the activation or verification process.
  • Accounts opened with ‌incorrect or incomplete details.
  • eligibility is not retroactive.

How the $1,000⁤ seed‍ works

Each qualifying child is⁢ expected to receive a one-time $1,000 government contribution. The ‍funds are invested in market-linked assets, likely low-cost, diversified investment options selected by program⁢ administrators. Families, relatives, or guardians may contribute additional funds, ⁢with ⁣annual contribution ⁣limits commonly reported.

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