Newsmax
The Social Security Administration will begin routing newborn enrollments into Trump Accounts through the same hospital paperwork parents already use to obtain their child’s Social Security number, the agency said Friday, hours before the $1,000 federal seed deposits begin landing in eligible accounts on July 4.
Under the change, SSA will update its guidance to hospitals next week and work with states to modify the Enumeration at Birth forms so that applying for a Social Security number at delivery can also trigger the automatic creation of a Trump Account.
The Enumeration at Birth program, in place since 1987, is how the vast majority of American babies first receive a Social Security number, and folding Trump Account enrollment into that workflow removes the biggest friction point for new parents: a separate signup.
SSA Commissioner Frank J. Bisignano cast the move as central to the program’s rollout.
“Social Security numbers are the backbone of Trump Accounts, and we will empower parents to enroll their newborns through the Enumeration at Birth program to take full advantage of this program from the day a child is born,” he said in the announcement.
The accounts, created by the One Big Beautiful Bill Act that President Donald Trump signed on July 4, 2025, function as custodial retirement-style investment accounts for children under 18.
U.S. citizen babies born between Jan. 1, 2025, and Dec. 31, 2028, with a valid Social Security number qualify for the one-time $1,000 Treasury deposit.
Families, employers, relatives, and charities can contribute up to $5,000 combined per year, with the money invested in low-cost U.S. equity index funds and locked until the child turns 18.
Trump previewed Saturday’s launch on Truth Social, saying more than 6 million accounts have been requested before the program went live and announcing that Treasury will now accept publicly traded stock as philanthropic contributions to the accounts.
“This opens the door for GREAT American Businesses, Philanthropists, and Job Creators to invest directly in the future of our children, and help build a Generation of Savers, Investors, and Owners,” he wrote.
Parents whose children are already born can still open an account at TrumpAccounts.gov by filing IRS Form 4547; the SSA change is intended to capture new arrivals as they enter the system, so families do not have to circle back for a second enrollment.
Eligible children with accounts already open will begin seeing the $1,000 Treasury deposit hit on Saturday.