Trump Accounts are a new type of tax-advantaged savings account for children to help families save for their children's futures.
Eligibility: Any child under 18 with a Social Security number can have a Trump Account. This includes children born between January 1, 2025 & December 31, 2028, who will receive a one-time $1,000 federal grant.
Contribution Limits:
Parents & others can contribute up to $5,000 per year until the child turns 18.
Employers can contribute up to $2,500 per year for each employee's child.
Funds in Trump Accounts must be invested in mutual funds or exchange-traded funds (ETFs).
Investments cannot include industry-specific indices and must have low annual fees (less than 0.1%).
Trump Accounts will officially launch in July 2026, with contributions starting after this date.
These accounts are designed to promote financial literacy and provide a financial head start for children. VIDEO: https://youtu.be/LK4vGhvoS...
VIDEO 2: https://youtu.be/d1-UFlqKm...