Micron Invests $250 Million in Trump Accounts for Children

Micron Technology announced a $250 million investment on June 30, 2026, to support Trump Accounts, also known as 530A Accounts. This federally backed, tax-advantaged savings program for children under 18 was created under the President’s One Big Beautiful Bill Act and the Invest America Act. The initiative will roll out nationwide on July 4, 2026.

Micron Technology will provide a one-time $250 seed deposit for eligible children in communities where it operates, including Idaho, New York, Virginia, California, Colorado, Minnesota, and Texas. Additionally, the company will match employee contributions up to $1,000 per child. The investment aims to support up to one million children and aligns with the company's broader commitment to U.S. semiconductor leadership.

President Donald Trump characterized the move as the biggest corporate investment of its kind and a validation of his economic policies. Treasury Secretary Scott Bessent reported that nearly 6 million children had enrolled in the program prior to its rollout. The U.S. Department of the Treasury will provide an initial $1,000 contribution for eligible children born between 2025 and 2028, with total annual contributions capped at $5,000. The Treasury has designated the State Street SPDR Portfolio S&P 500 ETF as the initial default investment option.