A new way to invest for the children and grandchildren in your life just took a big step forward. The official Trump Accounts app is now available to download, a little over a month ahead of the program’s July 4 launch. If you’re a grandparent who wants to give a meaningful, lasting gift, here’s what the program is and how to get started.

What is a Trump Account?

A Trump Account is a new tax-deferred investment account created for children, designed to give every eligible child a financial head start. The money is invested and grows over time, with the goal of building a nest egg the child can use as a young adult. Think of it as a long-runway investment account opened in childhood.