VIDEO RELEASE: Senator Moody Urges Moms to Jumpstart the American Dream for Florida Children

Home How Can I Help? News Contact Us Share Your Opinion Federal Nominations Scheduling Request Storm Preparation About Search for: Home How Can I Help? News Contact Us Share Your Opinion Federal Nominations Scheduling Request Storm Preparation About All News VIDEO RELEASE: Senator Moody Urges Moms to Jumpstart the American Dream for Florida Children Jun 5, 2026 View Full Remarks Here ST. CLOUD, Fla. —Surrounded by Florida moms and students at a local school today, U.S. Senator Ashley Moody encouraged families to take advantage of Trump Accounts, a new childhood investment opportunity designed to help children begin building long-term financial security. Senator Moody supported the law that created Trump Accounts through her vote for the Working Families Tax Cuts. The program allows parents to open tax-advantaged investment accounts for eligible children. Senator Ashley Moody said, “These accounts will give the next generation a jumpstart on the American Dream. I fought for this benefit for Florida families and it was exciting to bring this message to a room full of moms and their children today, as we work together to invest in the future of Florida.” What Florida families should know about Trump Accounts: Trump Accounts are tax-advantaged investment accounts created for eligible children under 18. The accounts are in the child’s name, with a parent, guardian or other authorized individual helping manage the account until the child turns 18. Eligible U.S. citizen children born between Jan. 1, 2025, and Dec. 31, 2028, with valid Social Security numbers, may qualify for the one-time $1,000 pilot program contribution. Parents, guardians and authorized individuals can sign in or create an IRS account with ID.me and submit IRS Form 4547, Trump Account Election(s). Families can start at IRS.gov/TrumpAccounts , TrumpAccounts.gov , or through the official Trump Accounts app available in major app stores. Beginning July 4, 2026, Trump Accounts may accept contributions from parents, family members, employers and other eligible contributors, subject to annual limits. # # # Join the Newsletter Email Address First Name Last Name Follow Follow Follow Follow Copyright 2024 Follow Follow Follow Follow Usage Policy PDF Help Privacy Policy Senate.gov