The U.S. Department of the Treasury has launched the Trump Accounts app, giving families a new way to activate and manage accounts for eligible children ahead of the program’s official July 4, 2026, debut.

The app, now available on major mobile app stores, is expected to serve as the main interface for Trump Accounts, also known as 530A plans, a new type of tax-advantaged savings account created for children under the One Big Beautiful Bill Act. Parents and legal guardians who have already elected to open an account by submitting IRS Form 4547 will begin receiving activation emails with instructions to complete setup through the app or online at TrumpAccounts.gov.

Treasury says activation emails will be sent in phases. While families can begin the activation process now, the accounts cannot accept contributions until July 4, 2026. That includes contributions from parents, grandparents, employers, charities, governments, and the Treasury’s own $1,000 pilot program contribution for eligible children.

Treasury Secretary Scott Bessent framed the app as part of a broader effort to expand long-term financial opportunity for young Americans, calling it “a simple, secure way for households to begin engaging with a program designed to build long-term financial strength from day one.”

The launch also comes with a warning that, as activation begins, scammers are likely to try to take advantage of confusion around the new accounts.

Watch For Scams During Activation

Treasury is urging families to be cautious. During the initial rollout period, legitimate Trump Account activation emails will come only from no-reply@TrumpAccounts.Treasury.gov.

Treasury says it will not contact families by text message or phone call about account activation. If you receive a call or text about activating a Trump Account, and you did not take steps to sign up, do not respond. It is a scam. However, as part of the sign-on process, you will receive an activation code via text after you enter your phone number (see more below).

The worry about scams isn’t just coming from Treasury. Tax professionals have been raising red flags about the potential for related scams for weeks. Earlier this month, Catharine Drake Madeley, a CPA with Salling Madeley PLLC, based in Austin, Texas, expressed concern about fake websites or other inappropriate contacts during the rollout. Madeley noted that she expected additional guidance from Treasury.

To prevent becoming a victim of an impersonation scam, access accounts only through the official Trump Accounts app or by typing TrumpAccounts.gov directly into a browser. Simply doing a search isn’t enough, since results can include sponsored links, lookalike websites, or fraudulent customer-service numbers. According to Treasury, customer support will be available only through secure in-app or online callback requests.

Also be wary of anyone asking for........

© Forbes