For parents

Trump Accounts: what they are and how to get one

A tax-advantaged investment account for children under 18, created by the 2025 tax law. Accounts opened for contributions on 4 July 2026.

By the Sproutcalc team · Figures last checked 13 November 2026 · How we calculate

Short answer: any child under 18 with a valid Social Security number can have one. US citizens born from 2025 through 2028 can also get a one-time $1,000 deposit from the Treasury. Family, friends and employers can add up to $5,000 a year in total.

$1,000One-time Treasury deposit for eligible children born 2025 to 2028

$5,000Yearly limit on family and employer money, indexed after 2027

$2,500Most an employer can add each year, tax-free to the parent

0.1%Highest yearly fee allowed on the funds the account can hold

Tools for Trump Account parents

Eligibility checkerSee if your child can have an account and get the $1,000.Growth calculatorProject the balance at 18 with your own numbers.Trump Account vs 529Which one to fund first, side by side.How to open or claim oneForm 4547, the app and the activation email.Dell $250 depositFor many kids age 10 and under born before 2025.Employer databaseCompanies that add money to employees' children's accounts.

How the account works

Until the year your child turns 18, the account is in its "growth period". During that time it can only hold mutual funds or ETFs that track an index of mainly US companies, with no leverage and yearly fees of 0.1% or less. Money generally can't come out before then.

After the growth period, most traditional IRA rules apply. Contributions aren't deductible on your tax return.

Example: $1,000 Treasury deposit at birth plus $1,200 a year from family, at an assumed 7% a year. Dashed line: money put in. Returns aren't guaranteed.

Who can put money in

Source	How much	Counts toward the $5,000?
US Treasury pilot program	$1,000 once, for eligible children born 2025 to 2028	No
Employers	Up to $2,500 a year per employee	Yes
Parents, family, friends	Any amount within the $5,000 total	Yes
States, local governments, charities	Equal amounts to a whole group of children, through Treasury	No

Key dates

4 July 2026: accounts started accepting contributions.
1 January 2025 to 31 December 2028: birth dates that qualify for the $1,000 deposit.
Before 1 January of the year your child turns 18: the last chance to elect an account.

Watch out for scams

Treasury says activation emails come only from no-reply@TrumpAccounts.Treasury.gov, and it won't contact you by phone, text or post about the account. Always type TrumpAccounts.gov into your browser yourself.

Questions people ask

Does my child need to be a US citizen?

To get the $1,000 Treasury deposit, yes. To open the account itself, the child needs a valid Social Security number and must be under 18.

Can I take money out for my child's school fees?

Not during the growth period. Money generally stays in the account until the year your child turns 18.

Is there a fee to open one?

No. Opening an account is free.