President Trump will visit Wheeler High School in Marietta on Wednesday, July 22, 2026, to promote Trump Accounts, the federally backed investment program for children that launched earlier this month.

The visit brings a presidential appearance to the 2,401-student campus on Holt Road. Wheeler is one of 18 high schools in the Cobb County School District.

The district released a statement Thursday, July 16, calling the visit "an honor" and saying it looks forward to showcasing "the academic excellence, exceptional educators, and high-achieving students that have established Cobb Schools as a national leader in public education." The district referred all questions about event logistics to the White House.

What are Trump Accounts?

Trump Accounts, formally designated as 530A accounts, are tax-advantaged investment accounts for anyone under 18. President Trump signed the program into law as part of the One Big Beautiful Bill Act, the administration's sweeping budget and tax package, on July 4, 2025. Accounts began accepting deposits on July 4, 2026.

The headline benefit for young families: U.S. citizen children born between January 1, 2025, and December 31, 2028, receive a one-time $1,000 seed deposit from the U.S. Treasury. Parents, family members, and employers can add up to $5,000 per year. The money goes into low-cost S&P 500 index funds managed by Bank of New York Mellon, with annual fees capped at 0.1%, according to Chase's website and CNBC.

Funds stay locked until the child turns 18, at which point the account operates under traditional IRA rules. Early withdrawals before age 59½ carry a 10% penalty, though exceptions exist for education expenses and first-home purchases.

Who qualifies beyond newborns?

Any child under 18 with a Social Security number can have an account opened on their behalf, according to Chase. The $1,000 government deposit, however, is limited to babies born in 2025 through 2028.

Children born between 2016 and 2024 who are 10 or younger and live in ZIP codes where median household income falls below $150,000 may qualify for a separate $250 deposit funded by a $6.25 billion pledge from philanthropists Michael and Susan Dell, NBC News reported.

More than 6.5 million accounts were opened in the program's first five days, according to a Treasury official cited by the Washington Examiner. The administration has said it is exploring automatic enrollment for all eligible children.

Growth projections vary

The administration's TrumpAccounts.gov portal projects the $1,000 seed alone could grow to roughly $6,000 by age 18 and $243,000 by age 55, assuming historical S&P 500 returns of about 10% annually. Morningstar research conducted for CNBC offered a more conservative estimate: $3,324 by age 18 and $38,000 by age 55, factoring in return variability and the likelihood of early withdrawals.

How to sign up

Parents can open an account through the online portal at TrumpAccounts.gov or by filing IRS Form 4547. The Trump Accounts app, developed in partnership with Robinhood, lets families activate accounts and track balances. The enrollment deadline is the year before a child turns 18.

The White House has not announced timing, public access, or whether students will attend the Wednesday, July 22, event at Wheeler High School.