Kids in eligible Brooklyn neighborhoods will get $250 in their Trump Accounts

News 12
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1 Video View·Oct 29, 2026
Kids between two to eight years old living in the 1-1-2-3-4 zip code
that includes neighborhoods like Mill Basin, Morgan Beach,
Flatlands, and more will now be getting $250 added
to investment accounts for children known as Trump accounts.
No, that's fantastic. I'm glad, you know,
that Brooklyn finally got something. It's usually Brooklyn at the bottom
It's a personal donation from the head of the Internal Revenue Service,
Frank Bisignano, a Brooklyn native.
It's as simple as I love one, one, two, three, four.
I believe every one of these children are exactly who I was.
Visignano also said this zip code is one
of the most populated in the country.
Accounts include a $1,000 contribution from the federal government
for kids born between January of 2025 and December of 2028.
He said the money can lead to generational change.
starting when you're young it's an IRA
for children that will convert to an IRA at 18
and can be a seven digit number during
their lifetime Brooklynites say it's giving future
generations what they wish they had anything
that will benefit the children is fantastic
so that would have been nice if my parents had money
to do something now in order to receive those
contributions parents and legal guardians will need
to activate their child's Trump account and
We'll have that information on our website at news12.com.
In Bergen Beach, Julia Burns, News 12.
