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How Trump Accounts work and who qualifies for the $1,000 federal deposit
Summary by The Midland Editorial Desk · Byline on the source page: Rachel DePompa , as published by KOSA CBS7 / First Alert 7 (Permian Basin CBS)
· August 3, 2026
· 1 min read
Photo: KOSA CBS7 / First Alert 7 (Permian Basin CBS) · view original
Story provenance No corrections
Summary created by The Midland Editorial Desk — automated, rule-governed Byline on source page Rachel DePompa, as published by KOSA CBS7 / First Alert 7 (Permian Basin CBS) Original story Read at the source Source published Aug 3, 2026 Indexed here Aug 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway The program, called Trump Accounts, began on July 4 and offers a $1,000 initial deposit for eligible children to start investing.
S. Treasury. The program, called Trump Accounts, began on July 4 and offers a $1,000 initial deposit for eligible children to start investing.
The accounts are tax-advantaged and available to children under the age of 18. American children born between 2025 and 2028 are eligible to receive the $1,000 federal deposit. gov, as the information available is limited.
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About this story
As published by KOSA CBS7 / First Alert 7 (Permian Basin CBS) . The Midland surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KOSA CBS7 / First Alert 7 (Permian Basin CBS) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: August 3, 2026 ·
Source: KOSA CBS7 / First Alert 7 (Permian Basin CBS) ·
Reading time: 1 min
Frequently asked about this story
What is this story about? A new investment account for children has been introduced by the U.S. Treasury. The program, called Trump Accounts, began on July 4 and offers a $1,000 initial deposit for eligible children to start…
When was this published? This article was first published on August 3, 2026 by KOSA CBS7 / First Alert 7 (Permian Basin CBS) and curated for The Midland readers.
Who reported this story? This story was reported by Rachel DePompa at KOSA CBS7 / First Alert 7 (Permian Basin CBS). To learn more about how The Midland selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Midland, or browse our daily briefing and topic hubs .
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