Trump Savings Accounts to Bring 38% of Americans Into Stock Market for First Time

The Trump Savings Account program provides eligible children a $1,000 Treasury-funded investment plus up to $5,000 per year in tax-free contributions until age 18.

The program aims to close a wealth-creation gap by giving Americans automatic market exposure beginning at birth.

A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here .

Treasury Secretary Scott Bessent made an ambitious case for the Trump Savings Account program during a May 29, 2026 appearance on Kudlow on Fox Business. In his view, the initiative could bring millions of Americans into the stock market for the first time.

"I think that this is the most important government benefit for young people since the GI Bill," Bessent said. "38% of Americans have no exposure to our great equity market. They don't participate in the innovation, the dynamic U.S. economy, and great management."

The program starts with a simple idea. Eligible children born during President Trump's term receive a $1,000 Treasury-funded investment in a low-cost index fund. Families can then contribute up to $5,000 per year , with the money compounding tax-free until age 18. Bessent argues that structure could help close a long-standing gap between households that participate in wealth creation through the stock market and those that do not.

Read: Data Shows One Habit Doubles American’s Savings And Boosts Retirement

Most Americans drastically underestimate how much they need to retire and overestimate how prepared they are. But data shows that people with one habit have more than double the savings of those who don’t.