Overview
- Parents enroll through IRS Form 4547 during the 2026 tax season, with account verification in May and contributions scheduled to begin in July and a formal public launch on July 4.
- The $1,000 Treasury seed applies to U.S. citizen babies born from 2025 through 2028 with Social Security numbers, while children born earlier but still under 18 may open accounts without the bonus.
- Funds will be managed by private financial firms in low‑cost U.S. stock index funds with an annual fee cap around 0.10%, and withdrawals are restricted until age 18 for qualified uses such as education, a first home or starting a business.
- Administration figures report more than 500,000 to roughly 600,000 families have registered during the current filing window.
- Major outside support includes a $6.25 billion pledge from Michael and Susan Dell, a $75 million Dalio family initiative in Connecticut, and employee matches announced by Bank of America and JPMorgan Chase.