US Treasury Launches Trump Accounts with BlackRock, Vanguard, State Street ETFs
The U.S. Treasury announced on July 2, 2026, the investment lineup for "Trump Accounts" (530A accounts), a tax-advantaged child savings program launching July 4. Eligible children born between 2025 and 2028 receive a $1,000 government seed deposit. Selected ETFs include State Street’s SPDR S&P 500 ETF (SPYM), BlackRock’s iShares Core S&P 500 (IVV), and Vanguard Total Stock Market ETF (VTI). Companies like BlackRock and State Street pledged to match contributions for employees. Annual contributions up to $5,000 are allowed.
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US Treasury selects BlackRock, Vanguard ETFs for Trump Accounts child savings program
The U.S. Treasury has chosen two BlackRock exchange-traded funds (ETFs) for the government's new 'Trump Accounts' child savings program, set to launch on July 4, 2026. The selected funds are BlackRock's iShares Core S&P 500 ETF (IVV) and iShares Core S&P Total U.S. Stock Market ETF (ITOT), both with expense ratios of 0.03%. Vanguard Total Stock Market ETF (VTI) was named as an alternate investment option. Under the scheme, the Treasury will deposit $1,000 as seed money into an investment account for each child with a valid Social Security number born between 2025 and 2028. Several investment firms, including BlackRock, announced they would match the government's $1,000 contribution for their employees. BlackRock Chairman and CEO Larry Fink stated the program can help younger Americans build long-term financial security by starting to invest early.
Yahoo FinanceTreasury Announces Trump Account Investment Options Include State Street, BlackRock, and Vanguard ETFs
The U.S. Treasury Department announced on July 2, 2026, the investment lineup for Trump Accounts (530A accounts), a new tax-advantaged savings vehicle for children under 18. The accounts, launching July 4, will offer ETFs from State Street, BlackRock, and Vanguard. The default option is the State Street SPDR Portfolio S&P 500 ETF (SPYM). Other options include iShares Core S&P 500 ETF (IVV), Vanguard Total Stock Market ETF (VTI), State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF (SPTM), and iShares Core S&P Total U.S. Stock Market ETF (ITOT). Bank of New York Mellon will manage initial accounts. The program includes a one-time $1,000 Treasury contribution for babies born 2025-2028, with companies like State Street and BlackRock pledging to match. After launch, contributions up to $5,000 per year are allowed. Vanguard noted the accounts are 100% equities and do not de-risk toward bonds like 529 plans.
US Top News and AnalysisUS Treasury Picks State Street, BlackRock, and Vanguard ETFs for Trump Accounts
The US Treasury has selected exchange-traded funds (ETFs) managed by State Street, BlackRock, and Vanguard for the Trump Accounts program. Under this scheme, children born between 2025 and 2028 will receive a US$1,000 seed deposit into an investment account. The initiative is part of a government program, and several investment firms, including BlackRock, have announced they will match the government's US$1,000 contribution for their eligible employees or beneficiaries.
The Business TimesUS Treasury picks BlackRock, Vanguard ETFs for Trump Accounts
The U.S. Treasury has selected exchange-traded funds (ETFs) from BlackRock and Vanguard for investment accounts under the 'Trump Accounts' scheme. The program will provide a US$1,000 seed deposit into an investment account for every American child born between 2025 and 2028. Several investment firms and corporations, including BlackRock, have stated they will match the US government's US$1,000 contribution for their employees. The article, published by The Business Times Singapore on July 1, 2026, outlines the initial investment vehicle choices for this new government-sponsored savings initiative targeting newborns over a four-year period.
The Business TimesUS Treasury selects State Street, BlackRock, and Vanguard ETFs for Trump Accounts
The US Treasury has selected ETFs from State Street, BlackRock, and Vanguard for the 'Trump Accounts' initiative, which provides a US$1,000 seed deposit into investment accounts for children born between 2025 and 2028. The program aims to give newborns a financial start, with many investment firms and corporations, including BlackRock, pledging to match the government's contribution for their employees. The article, published by The Business Times on July 2, 2026, outlines the government's choice of major asset managers to handle the investments under this scheme.
The Business Times