IRS Notice 2025-68 · IRC §530A · Form 4547
Trump Accounts, Explained in Plain English
Your child may qualify for a $1,000 federal investment account. We translate IRS jargon into simple answers for exhausted parents, confused employers, and overwhelmed tax preparers.
$1,000
Federal deposit per child
$5,000/yr
Annual contribution limit
$2,500/yr
Employer match (tax-free)
Jul 4, 2026
Accounts go live
Who Qualifies for a Trump Account?
There are only three requirements — and no income limit.
U.S. Citizen
The child must be a United States citizen
Valid SSN
Must have a Social Security Number
Under 18
Must be under 18 at end of election year
$1,000 federal pilot deposit: Only children born January 1, 2025 – December 31, 2028 receive the free $1,000. Children born outside this window can still open a Trump Account — they just won't get the deposit. There are no income restrictions — a family earning $30K and a family earning $3M both qualify equally.
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Eligibility Checker
Eligibility Checker
You Qualify for the $1,000 Grant!
Employer Match
Employer Match Tool
Trump Account
$2,500/year
Employer Match
$2,500/year
Total Annual Benefit Increase:
$5,000/year
Learn MoreEverything You Need to Know
What Are Trump Accounts?
The complete guide to IRC §530A — eligibility, contributions, investments, and what happens at age 18.
How to Open a Trump Account
Step-by-step guide to IRS Form 4547, the trumpaccounts.gov portal, and filing with your 2025 tax return.
IRS Notice 2025-68 in Plain English
We translate the IRS's guidance document into language a tired parent can understand at 11pm.
Trump Account vs 529 vs Roth IRA
Side-by-side comparison of every children's savings option. Limits, tax treatment, flexibility.
For Employers: §128 Guide
How to set up a Trump Account contribution program. $2,500/yr per employee, tax-free.
FAQ: 80+ Questions Answered
Eligibility, taxes, divorce, disability, FAFSA, market crashes, and every edge case.
The Translation Layer
We read the IRS documents so you don't have to.
📜 What the IRS says (Notice 2025-68, Section 3.02)
"An initial Trump account is a trust created or organized in the United States for the exclusive benefit of an eligible child as designated beneficiary..."
In plain English:
It's an investment account opened for your kid. The money belongs to them. It's held by a financial institution (like Fidelity or Vanguard) and invested in S&P 500 index funds until they turn 18.