Nicki Minaj Backs Trump Accounts With Up to $300,000 to Support Children’s Savings

Rap artist Nicki Minaj has pledged between $150,000 and $300,000 to fund Trump Accounts for her fans, according to verified reports from CNBC and MSN. The contribution aims to promote tax-advantaged savings accounts designed to encourage early wealth building for children.

Minaj attended the Trump Accounts Summit at the Andrew W. Mellon Auditorium in Washington, D.C. On January 28, 2026, alongside President Donald Trump and Treasury Secretary Scott Bessent. At the event, she stated, “If I had access to something like this, my whole life would have been different,” highlighting her personal connection to the initiative.

The accounts, formally known as Section 530A accounts, allow parents to contribute up to $5,000 annually in an IRA-like account for children under 18. Babies born between the start of 2025 and the end of 2028 are eligible for a one-time $1,000 deposit from the Trump administration.

Even as the exact distribution method for Minaj’s contribution has not been disclosed, reports indicate the grant could benefit her fan base, known as the “Barbz.” Neither the White House nor Minaj’s representatives have provided further details on eligibility or disbursement timelines.

The initiative has drawn support from financial institutions and public figures seeking to expand access to long-term savings tools for minors. As of the summit date, the program remains open for enrollment, with administrators encouraging families to explore the potential benefits of early-age investment vehicles.