Minors born between January 1, 2025, and December 31, 2028, will receive a $1,000 "seed investment" from the federal government, but the official launch of the "Trump Account" has sparked public doubts about its operability.🤨

The White House announced on the 6th that the "Trump Account," a service for U.S. minors to invest in the stock market, was officially launched that day. Some critics pointed out that low-income groups in the United States face many difficulties in accessing the benefits of this account. In addition, the operability of this account has also been widely questioned.
According to the "Big and Beautiful" tax and spending bill passed by the U.S. Congress in 2025, American parents and guardians can apply to the federal government to open a "Trump Account" for long-term stock market investment for minors under the age of 18, free of charge. Funds invested in the stock market through the account can enjoy tax benefits. According to the White House, the number of applications for the "Trump Account" has exceeded 6 million, with more than 86% of applicants from families with an annual income of less than $200k. Minors born between January 1, 2025, and December 31, 2028, will receive a $1,000 "seed investment" from the federal government.
However, due to the lack of financial resources for low-income families to utilize this account and the cumbersome application process, the launch of this account has raised many questions. It is reported that some U.S. lawmakers have proposed multiple bills on how to improve this account. Gabriel Zuckerman, a senior researcher at the National Taxpayers Union Foundation, stated that if Congress truly wants every eligible minor to obtain this account, especially the government's "seed investment," it must adjust the application process. Some people have warned that if Congress does not adjust this program, the account may benefit white and middle-to-high-income families more.