Micron commits $250M to Trump Accounts for children and families

Micron Technology (NASDAQ: MU) announced a $250 million investment to fund savings accounts for children and families through Trump Accounts, also known as 530A Accounts, according to a company press release dated June 30, 2026.

The initiative includes an employee matching benefit covering contributions of up to $1,000 per child under 18. Micron will also provide a one-time $250 seed deposit for children with Trump Accounts in communities where the company operates, including Idaho, New York, Virginia, California, Colorado, Minnesota, and Texas. The company said the program is expected to reach up to one million children.

Trump Accounts are invested in eligible low-fee U.S. index funds. The accounts were established under the current administration.

"At Micron, we believe investing in people is as important as investing in technology," said Sanjay Mehrotra, Micron Chairman, President and CEO.

U.S. Treasury Secretary Scott Bessent commented on the announcement, saying Trump Accounts "will help unlock the American Dream for millions of children" and noted that "momentum continues to build as more companies and institutions participate."

The investment is separate from Micron's previously announced commitment of over $200 billion in U.S. memory manufacturing and research and development, which the company said is expected to create over 90,000 U.S. jobs.

Micron said it is also investing hundreds of millions of dollars across the U.S. in K-12 STEM education, semiconductor curriculum development, community college and university partnerships, registered apprenticeships, and other workforce programs.

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