SSA Adds Trump Account Insert to Newborn Social Security Cards: Eligible Children Born 2025 to 2028 May Receive One-Time $1,000 Treasury Contribution
The Social Security Administration (SSA) announced in Baltimore on October 20 that Social Security cards issued to newborns through the Enumeration at Birth (EAB) program will now come with a new insert explaining Trump Accounts, giving new parents information on claiming and managing an account for their child.
Under the program described by SSA, eligible children born between January 1, 2025, and December 31, 2028, may receive a one-time $1,000 contribution from the U.S. Department of the Treasury. The insert provides straightforward instructions for claiming an eligible child's account through the Trump Accounts app.
The EAB program lets parents request a Social Security number for their child as part of the birth-registration process: state bureaus of vital statistics electronically send birth-registration information to SSA, which assigns the number and issues the card. SSA is working with the Treasury Department to include the new insert with cards mailed to newborns through EAB.
The insert directs parents and guardians to visit TrumpAccounts.gov to download the Trump Accounts app and sign up, to look for a Treasury communication about activating the account and receiving the $1,000 contribution if the child is eligible, and to manage the account, with additional contributions allowed subject to applicable limits.
Social Security Commissioner Frank J. Bisignano said including the information with cards issued through EAB gives parents the tools to get started right away on building a financial foundation for their children and to take full advantage of the wealth-building opportunity.
Trump Accounts are tax-advantaged investment accounts established for children. An eligible child may have one account, with parents, guardians, or other authorized individuals serving as the responsible party and account custodian. SSA said nearly 70 million Trump Accounts are now open for eligible children and can be claimed by parents or legal guardians through the official app, and that 26 million accounts have already received contributions, including contributions made by donors to some unclaimed accounts; once an account is claimed, friends, family, and employers can also contribute. When the child turns 18, the account remains a traditional retirement account.
Published by GSM · USA (original Chinese edition)
Photo: 社会保障局位于 Baltimore 的 Metro West 大楼（资料图）。Eli Pousson 摄，CC0，经 Wikimedia Commons／The Social Security Administration Metro West complex in Baltimore (file photo). Photo by Eli Pousson, CC0, via Wikimedia Commons
