Beginning this weekend on July 4, 2026, parents across Montana and America will have the unique opportunity to sign their child or children up for Trump Accounts.  These accounts are through the Internal Revenue Service (IRS) and the Treasury Department.

via GIPHY

The accounts will allow families to begin an investment portfolio for their kids, and, according to experts, the potential for decades of compound growth.  The other benefit, it won't cost you a dime to sign up an eligible child.

94.5 Max Country logo
Get our free mobile app

Is Your Child Eligible for Trump Accounts - Find Out Now

As part of the Working Families Tax Cuts, Trump Accounts "allows parents, guardians and other authorized individuals to establish a new type of individual retirement account for their children".  The new pilot program is "for children born between Jan. 1, 2025, and Dec. 31, 2028, and who are U.S. citizens with a valid Social Security number."

BackyardProduction
BackyardProduction
BackyardProduction

READ MORE:  Great Falls Most Wanted Criminals for July is Largest Ever

Eligible children can receive a free $1,000 government funded investment account through President Trump's new program.  The monies will be automatically invested into a low-cost stock market index fund.

Parents Can Also Contribute to the New Trump Account Fund Annually

One of the other benefits of the new Trump Accounts program allows families to invest up to $5,000 each year all the way until the child reaches the age of 18.  Once the child reaches that age, they have the option of continuing to contribute to the fund or use the funds as available through a traditional IRA account.

Getty Images
Getty Images
Getty Images

The new app officially launches on July 4, 2026, with President Trump stating about the program: "This is a pro-family initiative that will help millions of Americans harness the strength of our economy to lift up the next generation. And they'll really be getting a big jump on life."  Learn more about Trump Accounts here.

LOOK: These Things in the 1980s Scared the Heck Out of Kids

From terrifying TV movies to strangers selling candy and creepy movie scenes, these unsettling moments stuck with ’80s kids long after the bedroom lights were supposed to be off.

Gallery Credit: Stephen Lenz

LOOK: 29 Things That Will Make '80s Country Kids Say, "Yep, That Was Me!"

From back-of-the-truck rides into town to learning that cute things can become dinner, '80s country kids were a unique generation that the internet will never fully understand.

Gallery Credit: Stephen Lenz

Only True MTV Kids Can Name These ’80s Music Videos From One Freeze-Frame

How well do you really remember the music videos that defined the ’80s? We’ve grabbed a single freeze-frame from 11 of the decade’s most iconic videos. Scroll slowly and see how many you can name before peeking at the answers.

Gallery Credit: Stephen Lenz

More From 94.5 Max Country