Overview of Trump Accounts

• Parents, guardians, or others can establish a Trump Account for an eligible child.
• Trump Accounts cannot be funded before July 4, 2026.
• The federal government will make a one-time $1,000 contribution for each eligible child’s account.
• Authorized contributions from individuals and employers are allowed up to $5,000 per year.
• Employers can contribute up to $2,500 per year toward an employee’s or dependent’s Trump Account without it counting as taxable income for the employee.
• Funds must be invested in certain mutual funds or exchange-traded funds that track a U.S. stock index such as the S&P 500.

Withdrawal and use

• Generally, money cannot be withdrawn before the year the child turns 18.
• After that point, the account is treated like a traditional IRA with similar tax rules.