01/17/2026
Trump Accounts under the Working Families Tax Cuts.
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 (every American child born between January 1, 2025 and December 31, 2028).
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.
Generally, money cannot be withdrawn before the year the child turns 18.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.
Funds can be accessed without penalty when the child turns 18 for qualified expenses like education, a first home purchase, or starting a business. Withdrawals may be subject to restrictions and would be taxed at ordinary income rates.
