More than 1 in 4 mothers plan to withdraw from their children’s Trump accounts

Trump accounts will be officially launched on July 4, and you may wonder if you should open one for your child. There is an incentive if you have a child at home or are expecting a new child soon: All American children born between 2025 and 2028 will receive $ 1,000 from the US Treasury. But families have mixed feelings about the new program, a new BabyCenter survey finds.

Almost half of women with one or more children on the way (54%) plan to get a Trump accountIt will open a new window to their son. However, more than a quarter (27%) deliberately do not.

Raising a child can cost more than $20,000 in the first year alone, according to BabyCenter data, and expenses account for about 31% of a parent’s total income. In the end, about half of the families who are eligible for this benefit will skip it, either intentionally or unintentionally.

Women are divided over whether to open a Trump account

The majority of BabyCenter moms surveyed (54%) want to open a Trump account for their child. A Trump account is another type of savings account – like a 529 planIt will open a new window tuition fees or savings accounts – designed for children.

“These are good points, no matter where,” says one BabyCenter parent. “We’re going to be careful with our investment, and we’re going to prioritize [a] 529 instead, but see this as a great opportunity to help a child prepare for retirement with 15 to 20 years of additional interest that may be hard to come by.”

Any parent or guardian can open a Trump account for an American child under the age of 18, but only children born in 2025 or later will receive $1,000 from the US Treasury. The money in the account is invested in index funds and grows with certain tax benefits. Even without any other contribution, the initial $1,000 from the Treasury can grow to $6,000 when the child turns 18 due to increased interest.

When the child turns 18, they can use the money for other things, such as going to college, buying their first home, or starting a business. The account acts like a traditional IRA, a type of retirement account.

Although most of the parents surveyed planned to get one, a proportion (17%) felt they were getting one for free even if they didn’t support the administration. Another group (12%) said they don’t get it because they don’t agree with the leadership, and 14% say they don’t get it for another reason.

“I just feel like I can go forward [by] opening a 529 account,” said one BabyCenter parent who is coming out.

Some parents may miss the decision in some way; 20% say they don’t know what Trump’s account is.

Young parents may object to taking over Trump’s account

Gen Z parents, currently ages 18 to 28, are less likely than their Millennial peers (ages 29 to 43) to get a Trump account because they disagree with the administration, a BabyCenter survey has found.

About 1 in 5 Gen Z parents (18%) refused to adopt one because of the Trump administration, versus less than 1 in 10 Millennial parents (8%).

This disparity exists despite the fact that Gen Z parents surveyed, who are already in their careers, have lower household incomes than Millennials.

High-income families are more likely to have access to Trump accounts, while low-income families are less likely to know about them.

New and expectant parents who make less than $75,000 a year are three times less likely to know what the Trump account is, compared to those who make more than $75,000 a year. About 30% of parents making less than $75,000 a year don’t know what they are, compared to just 10% of those making more than that.

Parents making more than $125,000 are also more likely to open a Trump account for their child: 76% of those with higher incomes say they will, compared to just 44% of those making less than $75,000.

The way

The Everyday Health Group Pregnancy & Parenting Talk to Moms® Monthly Poll was conducted by Everyday Health Group – Pregnancy and Parenting between March 6 and 10, 2026. We surveyed 187 US women ages 18 to 44 who are currently pregnant or have one child 11 months of age or younger.