Invest

Where to grow your family's money.

Trump Accounts, brokerages, robo-advisors, IRAs, high yield savings and accounts for kids, compared in plain English. Pick what fits; there is no single best answer.

Some links are partner links: we may earn a fee if you open an account, at no cost to you. It never changes what we write or the order we list. This is general information, not investment advice.

Where a Trump Account can live

As of October 2026. Transfers move the whole balance, trustee to trustee, to another Trump Account for the same child.

Provider	Status	What they say
Robinhood	Holds claimed accounts	The initial trustee. Claimed accounts live here; transfers out are not open yet.
BNY	Holds unclaimed accounts	Keeps each account for the Treasury until a parent claims it. Not a retail option.
Fidelity	Announced	Says transfers in come "later this year". No date yet.
Vanguard	Announced	Will accept transfers once the Treasury issues guidance.
J.P. Morgan	Announced	Says rollovers will come in the future.
Empower	Announced	Once the rules are final and transfers open.
UNest	Waitlist	Plans to offer accounts; no launch date.
Schwab, E*TRADE	Watching	Say transfers should become possible; no plan to accept them yet.
Acorns, Wealthfront, SoFi, M1, Public	Not offered	No Trump Account support announced.

Every provider has to offer the same kind of fund: a low cost index fund of mostly U.S. stocks, with fees of 0.1% a year or less. Today the money goes into an S&P 500 ETF. Sources: Robinhood and BNY trustee agreements (September 30, 2026), provider statements collected October 10, 2026. Get an alert when transfers open.

Compare accounts

Filter by what you are looking for. Rates and offers change; check them on the provider's site.

Greenlight

Best for: Teaching kids to earn, save and invest

Debit card and investing app for kids, with parent approval on every trade.

Kids and family

Acorns

Best for: Investing spare change automatically

Round-ups and recurring investments, with custodial accounts for kids through Acorns Early.

Kids and family · Robo-advisors

UNest

Best for: Parents who want a kids' account in one app

Investing accounts for children; has a waitlist for Trump Account transfers.

Kids and family

Fidelity Youth Account

Best for: Teens learning to invest with their own account

A brokerage account a teen 13 to 17 owns, with a parent watching.

Kids and family

529 college savings

Best for: College and school costs, with state tax breaks

Compare your state's 529 plan with others before you open one.

Kids and family

Fidelity

Best for: An all in one brokerage and IRA

Index funds, IRAs and custodial accounts; says it will accept Trump Account transfers.

Brokerages · Retirement (IRA)

Charles Schwab

Best for: Investors who want branches and phone help

Brokerage, IRAs and custodial accounts with in person support.

Brokerages · Retirement (IRA)

Vanguard

Best for: Low cost index funds held for decades

Known for index funds; its total market ETF is an approved Trump Account fund.

Brokerages · Retirement (IRA)

Robinhood

Best for: Mobile first investing

Holds every claimed Trump Account today; also offers IRAs with a match on contributions.

Brokerages · Retirement (IRA)

Webull

Best for: Active investors who want charts and tools

Stocks, ETFs and options with detailed charts.

Brokerages · Retirement (IRA)

Public

Best for: Stocks, ETFs and Treasuries in one app

Buy U.S. Treasuries and bonds next to stocks.

Brokerages · Bonds and Treasuries

SoFi

Best for: Banking and investing under one login

Checking, savings, investing and IRAs in one app.

Brokerages · Savings and banking · Retirement (IRA)

E*TRADE

Best for: Investors who want a big broker with strong tools

Owned by Morgan Stanley; brokerage, IRAs and custodial accounts.

Brokerages · Retirement (IRA)

Betterment

Best for: Hands off investing with automatic rebalancing

Goal based portfolios, IRAs and a cash account.

Robo-advisors · Savings and banking · Retirement (IRA)

Wealthfront

Best for: Automated investing and a high yield cash account

Index portfolios that rebalance themselves, plus cash savings.

Robo-advisors · Savings and banking · Retirement (IRA)

M1

Best for: Building your own portfolio that invests itself

Pick your funds as a pie; M1 keeps the mix.

Robo-advisors · Brokerages

Ally Bank

Best for: Online savings with no monthly fees

High yield savings and savings buckets for goals.

Savings and banking

Marcus by Goldman Sachs

Best for: A simple high yield savings account

Online savings and CDs from Goldman Sachs.

Savings and banking

Capital One 360

Best for: Savings with branches and cafes nearby

Online savings and checking, plus kids' savings accounts.

Savings and banking

American Express Savings

Best for: A high yield savings account from a big name

Online savings and CDs.

Savings and banking

TreasuryDirect

Best for: I bonds and Treasuries straight from the government

Free, no partner fee: buy savings bonds directly.

Bonds and Treasuries

A simple order for most families

1
Emergency savings
A few months of costs in a high yield savings account before you invest.
2
Free money first
Claim the Trump Account and the $1,000, and take any employer match on a 401(k).
3
Retirement
An IRA or 401(k) grows tax free or tax deferred for decades.
4
The kids
A 529 for school, a Trump Account for the long run, a kids' app to learn.