Millions of Americans with the option of filing taxes through Chime® this tax season will have the ability to open a new, government-authorized investment account for eligible children. 1Administered by the U.S. Department of the Treasury, Trump Accounts are long-term, government-supported investment accounts for children focused on building wealth over time. When members file their taxes through the Chime app and claim an eligible dependent, they're guided through a short set of questions to complete IRS Form 4547 as part of the filing process, without separate paperwork or filing fees.
Offering this enrollment option as part of Chime's hosted 100% fee-free tax filing experience available to all 9+ million Chime members is yet another step we are taking to advance our mission to help more hardworking Americans unlock financial progress. Opening a Trump Account through this process will help families take an early step toward their children's financial futures, without requiring any separate paperwork at the time of tax filing.
Launching in July 2026, Trump Accounts are designed to support long-term goals such as education, a first home, or starting a business, using a structure similar to a traditional IRA. As part of a pilot program, children born between January 1, 2025, and December 31, 2028, may be eligible for a one-time $1,000 contribution from the U.S. Treasury.1
Extending Financial Progress to the Next Generation
At Chime, we focus on helping everyday Americans build long-term financial security, especially those unhappy with traditional financial systems. Making it easier to enroll in a Trump Account while filing taxes reflects that focus by meeting families where they already are, at a moment that matters.
Helping more Americans build long-term financial security is central to our mission as a company, and we see Trump Accounts as a meaningful opportunity to help millions of families begin investing in their children's futures. Chime is proud to be an early and enthusiastic supporter of these new investment accounts, working to expand access, deepen understanding, and help it succeed at scale. To further support this effort, Chime recently submitted a comment letter to the U.S. Treasury and IRS focused on highlighting our readiness to work with the Administration to expand access to Trump Accounts for everyday families.
As further evidence of our belief in this program's potential, Chime has committed to matching the government's $1,000 contribution for every eligible child of a Chime employee.
Turning Tax Season Into a Moment for Long-Term Financial Progress
Tax season is a key financial inflection point for millions of families. By integrating Trump Account enrollment into the filing experience for our members, Chime is helping expand access to long-term investing through infrastructure that meets people where they are.
It's a practical, timely step that reflects our belief that long-term investing should be easier to start, earlier in life, and accessible to more families.
