Andrew Keshner at MarketWatch covered parents who opened a Trump account for a newborn and were still waiting for the government's $1,000 seed deposit. About 7 million accounts had been opened since the July launch, 1.7 million of them eligible for the seed, and roughly $1.5 billion had been deposited.
Six of my clients opened accounts right after the July 4 launch, so I had a front-row view. Their own contributions moved fast; one showed up the same day. The government seed was a different story. Several clients expected it to land the moment the account opened. It does not work that way. For one client it took two to three days, and Treasury says the transfer typically runs one to two days, the same kind of turnaround as an income tax refund. What I told MarketWatch: government seed deposits move on government time. Slow is not broken. It is a queue.
Two things worth knowing. The free $1,000 only goes to children born between 2025 and 2028; any child under 18 with a Social Security number can still open an account and take family contributions, but the seed is date-gated. And anyone emailing you to speed up the deposit or unlock your account is not Treasury.
If you opened one, the useful conversation is how it fits the rest of the college and family plan, not the deposit timing.
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