President Trump Delivers Live Remarks on Trump Accounts
At a White House event on January 28, 2026, President Trump delivered live remarks on Trump Accounts alongside Treasury Secretary Scott Bessent and Nicki Minaj, describing the program as among the most transformative policy innovations in American history.
Source
This page summarizes the White House event and video. View the original White House video → or watch on YouTube →
Key Takeaways
- President Trump stated he believes Trump Accounts "will be remembered as one of the most transformative policy innovations of all time," framing the program as a foundational shift in how American children build wealth.
- The January 28, 2026 event featured President Trump, Treasury Secretary Scott Bessent, and artist Nicki Minaj, drawing broad public attention to the program's launch momentum.
- Trump Accounts are invested in U.S. equity index funds with an annual fee cap of 0.10%, ensuring the vast majority of investment gains flow to children rather than fund managers.
- Children cannot access funds until age 18; permitted uses at that point are limited to tuition, starting a business, or a home down payment — designed to channel savings toward durable wealth-building milestones.
- After a parent opens an account via Form 4547, the U.S. Treasury contributes $1,000 for qualifying newborns born between 2025 and 2028.
What This Means for Families
The January 28 event marked a significant moment of public attention for Trump Accounts, coinciding with the opening of the 2026 tax filing season. The White House's choice to include prominent cultural figures alongside policy officials reflects an effort to reach a broad audience beyond traditional financial news consumers. For families with newborns, the message was direct: file Form 4547, and the government will deposit $1,000 into your child's account when the program officially launches.
The 0.10% annual fee cap on index funds is a structural protection for account holders. Many retail investment products carry fees of 0.50% or more, which can erode a substantial portion of long-term returns. By capping fees at 0.10%, the law ensures that the investment's growth closely tracks the underlying U.S. stock market. Over 18 years of compounding, this difference in fees can amount to thousands of dollars in additional savings for families.
The three-use restriction at age 18 — tuition, business startup, or home down payment — directs the funds toward milestones that research shows are among the most effective pathways to long-term economic mobility. Rather than a general-purpose windfall, the account is structured to seed a young adult's financial foundation at a pivotal life moment.
Next steps
File Form 4547 with your 2025 tax return or use the standalone form at TrumpAccounts.gov to elect an account for your eligible child and secure the $1,000 Treasury contribution before the July 5, 2026 launch date.