Yes. All U.S. children under age 18 will be able to have a Trump Account once the program launches. If your child is born after December 31, 2024, they are also eligible for a $1,000 government seed deposit as soon as you open their account. Children born before that date don’t get the automatic deposit, but they can still open an account and benefit from the same tax-free investment growth and annual contributions.

Parents and guardians will still need to take action to open an account, even for newborns who qualify for the $1,000 seed deposit. While the federal government provides the funding, it does not automatically open the account on your behalf. Treasury and the IRS will provide a simple enrollment process through approved financial institutions, and once you complete that step, the $1,000 is deposited. This ensures families can choose the provider that best meets their needs.

Families, relatives, friends, and even employers can contribute up to $5,000 per year per child. This annual limit is for after-tax contributions, meaning you don’t need to itemize or change your tax return to participate. Government contributions (federal, state, local, or tribal) are not counted toward this cap, so your family can still contribute the full $5,000 on top of any public support your child may receive.

Contributions will begin once the national rollout is live—expected around mid-2026. At that time, approved providers will be ready to accept deposits, and families can start funding accounts for children of all ages under 18. Even if you wait a little while to sign up, your child will still be eligible for contributions and, if applicable, the $1,000 seed deposit.

No investment experience is required. Trump Accounts are designed to be simple, low-maintenance vehicles that grow steadily over time. Contributions are automatically invested in low-cost, diversified stock market funds—such as S&P 500 index funds—that have historically delivered reliable long-term returns. You don’t need to pick stocks, rebalance, or trade; the account is professionally managed for you.

Funds are locked until your child turns 18, ensuring they remain untouched during childhood and adolescence. At that point, your child can use the money for important life milestones:

• Paying for college tuition and professional training

• Making a down payment on their first home

• Starting a business or entrepreneurial venture

Withdrawals for these qualified uses are taxed at the lower long-term capital gains rate. If your child withdraws money for other purposes, those funds will be taxed as ordinary income. Any money left in the account continues to grow, supporting long-term wealth building.

Yes. Trump Accounts are tax-advantaged trusts established under U.S. law, and eligibility is limited to children who are U.S. citizens under the age of 18. Proof of citizenship will be required during the enrollment process.

There is no “use it or lose it” deadline. As long as your baby was born after December 31, 2024, they will remain eligible for the $1,000 government seed contribution whenever you open their account. This deposit is applied retroactively once enrollment is completed.

When enrollment opens, the U.S. Treasury and IRS will publish official instructions and list the approved providers where accounts can be opened. We will link directly to those resources on this website, ensuring parents have a clear, secure pathway to claim their child’s account.