Robinhood Launches Trump Accounts App Ahead Of July 4 Rollout

Robinhood Markets Inc. (NASDAQ: HOOD ) said Monday its Trump Accounts app is now available to eligible U.S. families ahead of the program’s official launch on July 4.

The app allows parents and guardians to activate investment accounts for eligible children, according to a post on X.

App Goes Live Ahead Of Launch Robinhood said children under 18 with a valid Social Security number are eligible to establish a Trump Account.

The company added that children born between 2025 and 2028 qualify for an initial $1,000 contribution from the U.S.

Treasury under the program.

Additional contributions from family members, friends and employers are capped at $5,000 annually.

The Trump Accounts app is now available to all eligible American families.

You can now activate a Trump Account for a child ahead of the official launch on July 4, 2026.

Trump Accounts help children build long-term financial security from an early age.

Here’s what you need to… pic.twitter.com/E8m1hFtwGA — Robinhood (@RobinhoodApp) June 29, 2026 What Are Trump Accounts? Trump Accounts are tax-deferred investment accounts for children created under President Donald Trump ‘s ‘One Big Beautiful Bill Act’.

The accounts are designed to invest primarily in low-cost U.S. stock index funds and exchange-traded funds, with beneficiaries generally unable to access the money until they turn 18.

Read Also: Stock Market: Will S&P 500 Open Up Or Down Today? Robinhood Expands Government Investment Offering In April, Robinhood and The Bank of New York Mellon Corp. (NYSE: BNY ) were selected by the Treasury Department to help administer the program during its initial rollout.

The launch expands Robinhood’s suite of long-term investing products, adding a government-backed children’s investment account alongside its retirement and education-focused offerings.

Treasury Secretary Scott Bessent said earlier this month that nearly 6 million children had already enrolled in the program ahead of its nationwide rollout.

SpaceX Donation Under Discussion The Robinhood rollout comes as Space Exploration Technologies Corp. (NASDAQ: SPCX ) is reportedly in discussions with the Trump administration about making a stock donation to the Trump Accounts program.

According to a Semafor report, White House officials have approached SpaceX about a potential contribution ahead of the program’s official launch next week.

Several companies, including Dell Technologies Inc. (NASDAQ: DELL ), SoFi Technologies Inc. (NASDAQ: SOFI ) and JPMorgan Chase & Co. (NYSE: JPM ), have also announced matching contribution programs tied to the accounts.

Price Action: Shares of HOOD climbed 3.18% on Monday to $101.83 and rose further 2.98% in extended trading. edge rankings indicate HOOD has a Momentum score in the 65th percentile and Growth score in the 92nd percentile.

Read Also: Kevin O'Leary's Says 'Without Sales, Nothing Else Matters,' Urges Entrepreneurs To Prove Real Demand Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.

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