Trump Accounts (530A)
A new way to invest early in their future
A new way to invest early in their future
Trump Accounts are a new form of a traditional IRA created to benefit children. The account is owned by the child and administered by a parent or other adult.
Your child has been (or will be) automatically enrolled to get a Trump Account if they're under 18 and have a valid Social Security number.
Investment earnings in Trump Accounts can grow tax-deferred over time, helping families build long-term savings.
Trump Accounts use automatic enrollment
The U.S. Treasury has announced that automatic enrollment was completed on October 1, 2026, and every eligible child under 18 with a valid social security number now has an account ready to be claimed. Families will still need to complete a separate claiming and account setup process to take over management of an automatically created account.
Automatic enrollment does not initiate the $1,000 federal contribution for eligible children. Separate eligibility and election requirements still apply for that contribution.
If you’ve already established a Trump Account, there’s no action to take.
We’re following these developments and will update this page as more details become available. Explore what we know so far in The Currency and check back here for updates.
Ways to contribute
Once a Trump Account is established, Treasury may make a one-time $1,000 seed contribution to eligible children.1
For automatically created accounts: Family and employer contributions can begin after an authorized person completes the claiming process and establishes a receiving Trump Account. Certain government and charitable contributions administered through Treasury may be received before the account is claimed.
| Contribution source | Amount |
|---|---|
| Federal seed funding | $1,000 (one-time)* |
| Individual | Up to a combined $5,000 per year, after taxes** |
| Eligible employer(s) | Up to $2,500 per year, pre-tax** |
| Government & charitable | Qualified contributions permitted |
*Available for eligible U.S. citizen children born between January 1, 2025, and December 31, 2028. **Individual and employer contributions together count toward the $5,000 annual contribution limit. | |
One future, more ways to save
Brokerage and investment accounts are intended for knowledgeable investors who acknowledge and understand the risks associated with the investments available through these accounts.
|
530A Trump Account
Retirement savings |
|---|
|
Contribution limits |
|
Investment options |
|
Key advantages |
|
When the money can be used |
|
How to get started |
Trump Accounts represent one of the most significant expansions of early-life financial access in a generation and can allow millions of more Americans to benefit from investing.
Edmund F. Murphy III
President and CEO, Empower and member of the Invest America CEO Council2
Learn more about investment accounts for kids
Learn more about investment accounts for kids
Money
Trump Account for kids: Eligibility, government contribution, and limits
Trump Accounts are investment accounts that help kids build long-term retirement savings. Learn how they work, including eligibility, contributions, withdrawals, and taxes.
5-minute read
Money
How to open or claim a Trump Account
Learn how to check whether your child already has a Trump Account, claim an existing account, or open one if needed.
5-minute read
Money
Investing for kids: Account options and how to start
Investing for kids can help build long-term savings and teach money skills. The right account depends on goals, taxes, ownership, and when the money may…
5-minute read
FAQ
FAQ
Children aged 17 or younger on December 31 of the year the election is made and who have a valid Social Security number may have a Trump Account established on their behalf. Each eligible child can have only one Trump Account.
Eligible U.S. citizen children born between January 1, 2025, and December 31, 2028, may receive a one-time $1,000 contribution from the U.S. Treasury, provided an election is made and they meet the program requirements.
Parents, grandparents, relatives, friends, employers, and other eligible contributors can contribute to a child's Trump Account, subject to annual contribution limits and program rules. Not-for-profit organizations, state (including political subdivisions) and Indian tribal governments may also make contributions.
The combined limit across individual, child and employer is $5,000 each year (subject to future inflation adjustments). The $1,000 federal seed contribution and certain qualified government/nonprofit contributions do not count toward that limit.
Treasury’s new rules provide for automatic account creation for eligible children it identifies. Automatic enrollment began on October 1, 2026, with additional enrollment occurring periodically. Eligibility for an account is broader than eligibility for the $1,000 federal contribution, which still requires a separate election and satisfaction of program requirements.
Learn more about automatic enrollment and the latest updates >
To take over management and enable family or employer contributions, an authorized guardian or legal custodian must complete the claiming process and establish a receiving Trump Account. Claiming involves identity verification, establishing legal authority, and providing required information and consents. The funds then transfer from the automatically created account to the receiving account once it is established.
We’re following developments and will update this page as more details become available.
Read the latest automatic enrollment update >
Trump Accounts are designed for long-term retirement savings. During the statutory “growth period,” withdrawals are generally prohibited except in limited circumstances. That period ends on December 31 of the year before the child turns 18; after that, traditional IRA rules generally apply. Early distributions may be taxable and may incur the 10% additional tax unless an exception applies.
The law allows for future rollovers from Trump Accounts, but additional guidance is still being developed by Treasury. More information will be available as implementation continues.
Yes. Empower has announced plans to support Trump Account rollovers once regulations are finalized and rollover capabilities become available. More information is coming soon.
Yes. Employers may contribute up to $2,500 per year to an eligible employee's or dependent's Trump Account through an employer contribution program. These contributions count toward the account's annual $5,000 contribution limit. Treasury is continuing to develop guidance on how employer contribution programs will operate. We'll share updates as more information becomes available.
During the child's growth period, Trump Account funds are invested in a qualified broad-market U.S. stock index fund designed for long-term growth. Investment options may expand after the account transitions to a traditional IRA.
