Washington, D.C. — Turning Point USA CEO Erika Kirk announced Wednesday that the conservative organization will match the federal government’s $1,000 contribution to newly created “Trump Accounts” for the newborn children of its employees, aligning the group with a Trump-backed financial initiative aimed at young families.
In a post on X, Kirk said Turning Point USA and its affiliated group, Turning Point Action, will provide a dollar-for-dollar match of the federal deposit for eligible employees’ children. She said the decision reflects values long emphasized by her late husband, conservative activist and Turning Point co-founder Charlie Kirk, who frequently spoke about supporting families and encouraging childbirth among young Americans.
The Trump Accounts were created under the One Big Beautiful Bill Act, which President Donald Trump signed into law last July. Under the program, the Treasury Department will deposit $1,000 into a tax-advantaged investment account for children born between January 1, 2025, and December 31, 2028. Parents may also open accounts for eligible children who will not turn 18 before the end of the year in which the account is established.
According to the IRS, contributions can begin through elections on IRS Form 4547. Starting July 5, individuals may contribute up to $5,000 per year to an account, with employers allowed to contribute up to $2,500 of that amount. Charitable organizations and state governments may also contribute without counting toward the annual limit.
Funds must be invested in approved mutual funds or exchange-traded funds tracking the S&P 500 or other U.S.-focused equity indexes. At a Treasury Department event, Trump described the accounts as a way to help children “get a real start in life.”
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