...Who Is Supporting the Trump Accounts? Trump Accounts, also known as 530A accounts, were first authorized under the “One Big Beautiful Bill” Trump signed into law in July, and will be open for contributions upon the official launch of the initiative on July 5. “Dozens of major employers have signed up to add the Trump Account contributions to their employee benefit packages,” Trump said during Wednesday’s summit. Brad GerstnerOn Wednesday, Altimeter Capital CEO Brad Gerstner said he would donate $250 to each child aged under five with a Trump Account in Indiana. The Treasury Department has launched a “50 State Challenge,” aimed at encouraging other philanthropists to make donations to the accounts.