U.S. Treasury Opens Trump Accounts to Stock Donations as 6 Million Families Enroll on July 4

On July 4, the U.S. Treasury Department launched a stock donation mechanism for Trump Accounts, with more than 6 million families enrolling ahead of the formal launch, according to U.S. officials. Treasury Secretary Scott Bessent announced that philanthropists can now transfer publicly traded shares directly to the accounts, creating a pathway for large-scale private giving to support children's long-term financial security. Approximately 1.4 million enrolled children born between 2025 and 2028 qualify for $1,000 in federal seed funding.

Goldman Sachs and Morgan Stanley became the latest employers to introduce matching programs that add company contributions to workers' children's Trump Accounts, joining a growing list of firms leveraging the accounts as a recruiting benefit.