New Delhi, Dec. 3 -- US President Donald Trump on Tuesday (December 2) introduced a new form that parents can use to enroll their children in Trump accounts, also referred to as 530A accounts or Invest America accounts. The accounts are part of a federal initiative aimed at helping American children build wealth from birth.

The contributions to Trump accounts will be accepted starting July 4, 2026. The accounts are designed to grow through investments and provide children with a financial head start.

At a White House event, Trump released IRS Form 4547, which parents or guardians will use to:

-Open an initial Trump account for a child

-Make an election for a $1,000 Treasury pilot program contribution, if eligible

Once the election is...