How to Open a Trump Account: Step-by-Step Guide

Whether you searched for how to open, open online, sign up for, set up, or apply for a Trump Account — this is the guide. Opening a Trump Account for your child takes about 10 minutes if you already have their Social Security number. The process starts with IRS Form 4547 (or the online portal) and finishes when you activate in the official app.

Open a Trump Account Online

Prefer to open a Trump Account online instead of attaching Form 4547 to a paper or e-filed return? Use the official portal at trumpaccounts.gov (see our portal guide) or the official Trump Accounts app (trumpaccount.com). Type the address yourself — activation emails come from no-reply@TrumpAccounts.Treasury.gov; do not trust random links.

1. Complete the election online (or file Form 4547 with your tax return).
2. Wait for Treasury / app authentication when notified.
3. Activate the account in the app — Robinhood is the sole initial trustee.
4. Start contributing up to the annual contribution limit.

Before You Start: What You Need

• Your child's Social Security number (SSN) — must be issued before the election is made
• Your SSN (the authorized individual — usually a parent or guardian)
• Child's date of birth — determines pilot deposit eligibility
• Your 2025 tax return (if filing with return) or access to trumpaccounts.gov

Step 1: Get IRS Form 4547

Form 4547 is the official election form for Trump Accounts. It's a one-page form that tells the IRS you want to open a Trump Account for your child. Full walkthrough: IRS Form 4547 filing guide.

Where to get it:

• IRS.gov — About Form 4547 (official PDF download)
• Direct PDF link
• Your tax software (TurboTax, H&R Block, etc.) should include it for 2025 returns
• Form 4547 Instructions

Step 2: Fill Out the Form

Form 4547 asks for:

1. Your information — name, SSN, address (you're the "authorized individual")
2. Child's information — name, SSN, date of birth
3. Election to open account — check the box to elect a Trump Account
4. Pilot program election — if your child was born 2025–2028, elect the $1,000 deposit

Step 3: Submit the Form

You have three options:

Option A: File with your 2025 tax return (recommended)

Attach Form 4547 when you file your 2025 federal tax return, due April 15, 2026. E-filing is the fastest and most reliable method. Most tax software will prompt you to complete this form.

Option B: Use the trumpaccounts.gov online portal

Starting mid-2026, you can submit Form 4547 through the trumpaccounts.gov online portal. This option is best if you've already filed your 2025 taxes. Plain-English overview: how the trumpaccounts.gov portal works.

Option C: Mail it

If you can't e-file, you can mail Form 4547 to the IRS address listed at IRS.gov/PaperReturns. This is the slowest option. Details: where to mail Form 4547.

Step 4: Wait for Activation

After you submit Form 4547:

1. May 2026: The Treasury Department (or its agent) contacts you with activation information
2. You complete a secondary authentication process to verify your identity and activate the account
3. Then you activate with the initial trustee — Robinhood Securities is the sole initial trustee at launch

In the official Trump Accounts app, this often looks like a waiting screen: “We’ll let you know when your account election is processed.” See what that screen means.

Step 5: Activate with Robinhood (Sole Initial Trustee)

At launch, Robinhood Securities is the sole initial trustee for Trump Accounts (with BNY / Treasury). After authentication, activate in the Trump Accounts app and complete your Robinhood setup.

• Robinhood — sole initial trustee (open path for new accounts)
• Fidelity, Schwab, Vanguard, and others — committed support; may accept transfers later

Your account must be invested in a mutual fund or ETF that tracks the S&P 500 or a broad U.S. equity index. You cannot pick individual stocks or sector funds. See Trump Accounts at Robinhood and where to open.

Step 6: Start Contributing

After July 4, 2026, you can start adding money:

• Annual limit: $5,000/year (indexed for inflation after 2027)
• Employer contributions: Up to $2,500/year per employee (tax-free under §128)
• No minimum contribution — contribute whatever you can afford
• Contributions are after-tax (like a Roth, you don't get a deduction)

Use our Trump Account calculator to see how monthly contributions compound over 18 years.

Full Timeline

Frequently Asked Questions