Turning Point USA CEO Erika Kirk announced Wednesday that her organization will match the federal government’s $1,000 contribution to new “Trump Accounts” for the children of its employees, expanding private-sector participation in a program the Trump administration says is designed to strengthen families and invest in the next generation.
Kirk shared the news in a post on X, tying the initiative to the values long championed by her late husband, conservative activist and Turning Point USA co-founder Charlie Kirk. She wrote that Charlie regularly emphasized the importance of young families and children, noting how personally invested he was in celebrating milestones within the organization.
“He spoke so often about the importance of young families and having children, and his face would light up every time he learned about a Turning Point employee welcoming a newborn into their family,” Kirk wrote.
She said that spirit continues through the organization’s decision to match the government’s contribution dollar for dollar.
“In that spirit, Turning Point USA and Turning Point Action are honored to continue Charlie’s support of families through a company-sponsored dollar-for-dollar match of the federal government’s $1,000 contribution to the 503A ‘Trump Account’ established for every eligible employee’s newborn baby,” she said, referring to the accounts created under Section 530A.
Kirk concluded her announcement by aligning the move with the administration’s broader agenda. “We’re proud to stand with the president in supporting families and investing in the future of America,” she wrote.
Under the program, the Treasury Department will deposit $1,000 into a Trump Account for children born between Jan. 1, 2025, and Dec. 31, 2028. According to the IRS, the accounts are also available for children who do not turn 18 before the end of the calendar year in which their parents open the account.
Turning Point USA is not alone in backing the initiative. Several major corporations, including BlackRock, Charles Schwab, and SoFi, have announced they will also match the federal government’s $1,000 contribution for the children of their employees, signaling broad private-sector participation.
Parents can open a tax-free Trump Account for their child starting this tax season through elections made on IRS Form 4547. The accounts were established under the One Big Beautiful Bill Act, which President Donald Trump signed into law last July.
Beginning July 5, individuals such as family members, friends, and other adults will be able to contribute to a child’s account, with total annual contributions capped at $5,000. That limit will be adjusted for inflation starting in 2028. Employers of the child or the child’s parent may contribute up to $2,500 per year, which counts toward the $5,000 cap.
Charitable organizations and state governments are also permitted to make contributions, and those amounts do not count against the annual contribution limit.
The funds in each account must be invested in approved mutual funds or exchange-traded funds that track the S&P 500 or another index focused primarily on American equities, according to IRS guidance. The account becomes accessible on Jan. 1 of the year in which the child turns 18.
Speaking earlier Wednesday at a Treasury Department summit, President Trump said the accounts are intended to give young Americans a meaningful financial foundation.
“Decades from now, I believe the Trump Accounts will be remembered as one of the most transformative policy innovations of all time,” Trump said, predicting the program will help children “get a real start in life.”
