Social Security Starts Putting $1,000 Trump Account Sign-Up Notices in Newborns' Card Envelopes
Fox Business has the first look at the insert. Parents of eligible children born from 2025 through 2028 are told to sign up at TrumpAccounts.gov to claim the one-time Treasury contribution. Trump says an adult version is under study.
Parents who get a Social Security card for a newborn will now find a note about a $1,000 government investment inside the envelope.
Fox News Digital reports that the Social Security Administration has begun including instructions for claiming the one-time contribution to a Trump Account with cards issued through its Enumeration at Birth program. SSA press officer Barton Mackey told Fox that more than 3.5 million children are born in the U.S. each year and that the agency assigns about 99% of infant Social Security numbers through the program.
Who qualifies. The $1,000 comes from the Treasury Department for eligible children born between Jan. 1, 2025, and Dec. 31, 2028, who are U.S. citizens with valid Social Security numbers, according to SSA's published guidance. It is an initial investment, not a cash payment to parents.
How it works. The insert congratulates parents and tells them to visit TrumpAccounts.gov, download the Trump Accounts app and sign up. Treasury then contacts families about activating the account and receiving the money. The account is in the child's name, with a parent or other custodian managing it until the child turns 18. Families do not have to add money, but the notice says they may deposit up to $5,000 a year, subject to program rules. Trump Accounts are described as tax-advantaged investment accounts for eligible children under 18.
Who does what. Treasury oversees the federal contribution. SSA handles the Social Security number process and enrollment help. Fox says the new inserts build on an effort SSA announced in July to help parents enroll newborns, including updates to hospital guidance and card mailings.
What Trump said. Asked Tuesday by Fox Business correspondent Edward Lawrence whether adults could one day get Trump Accounts, the president said, "We are looking at something different because it really is somewhat of a different thing, having to do with adults. Yes." He said the program has "close to 80 million recipients" and that the number is "going up rapidly" as companies and wealthy individuals get involved. We could not verify that figure, and Fox says it asked the White House for comment on the adult proposal. Treasury did not immediately respond to Fox Business.