Pfluger Bill Offers $2,500 Bonus to Military Kids’ Trump Accounts

WASHINGTON, D.C. — Congressman August Pfluger (TX-11) introduced the Trump Accounts for Military Children Act this week to further invest in the future of America's military children. 

The legislation would authorize the Secretary of War to pay a bonus of up to $2,500 to a qualifying child's Trump Account, or split it among multiple children, when the child's parent re-enlists or otherwise agrees to extend their service as an officer or enlisted service member.

“Having served in the Air Force for more than twenty-five years, I know firsthand that our military families sacrifice every day so the rest of us can live in freedom," Pfluger stated. "When a service member chooses to reenlist or extend their service, their family is making that commitment too. The Trump Accounts for Military Children Act is a way to say thank you by investing in the next generation of military children and giving them a head start on their financial future."

Congressman Buddy Carter (GA-01) joined Congressman Pfluger in introducing the Trump Accounts for Military Children Act.

“When Republicans passed the Trump Accounts, we kept our promise to invest in the future and success of the next generation," Carter said. "I’m proud to support the Trump Accounts for Military Children Act, which builds on that commitment by creating new opportunities for military families to invest in their child’s financial future. The brave men and women of our Armed Forces sacrifice so much to protect our families, and we owe it to them to look out for theirs.”

Background:

Trump Accounts were created through the Working Families Tax Cut Act as a new tax-advantaged savings account for children, designed to support future education, housing, or other major purchases. The accounts officially launched on July 4, 2026, and children born between January 1, 2025, and December 31, 2028, will receive a one-time $1,000 contribution from the U.S. Department of the Treasury.

The Trump Accounts for Military Children Act builds on that framework by giving the Department of War a new tool to reward continued service while helping military families build long-term savings for their children. This legislation honors the commitment of those who serve by investing in those who stand behind them during their service. Read the full text of the legislation HERE.