Trump Accounts are a new government-backed, tax-advantaged investment program designed to help American children build long-term wealth. The program provides federal seed funding and allows voluntary contributions from families, employers, charities, and philanthropists. Funds are typically invested in broad stock market index funds and can grow tax-deferred.
Who Is Eligible for a Trump Account?
Any U.S. child under age 18 with a valid Social Security number can have a Trump Account opened by a parent or legal guardian.
The federal government’s one-time $1,000 seed contribution is more limited and available only to children who:
- Are U.S. citizens.
- Were born between January 1, 2025, and December 31, 2028.
- Have a valid Social Security number.
The account must generally be opened before the child turns 18.
Eligibility by Date of Birth
| Category | Date of Birth | Approximate Age (as of 2026) | Government Seed Contribution Eligible? |
| Government Seed | January 1, 2025 – December 31, 2028 | Newborn through ~age 4 | Yes ($1,000 one-time) |
| General Eligibility | Any birth date | Birth through age 17 | Yes (account can be opened; no automatic $1,000) |
What Is the Government Contributing?
The U.S. Treasury provides a one-time $1,000 deposit to eligible children born 2025–2028. This is invested in a broad stock-market index fund and does not count toward the annual contribution limit.
Michael and Susan Dell Contribution
In December 2025, Michael and Susan Dell announced a $6.25 billion charitable commitment to provide an additional $250 deposit to approximately 25 million children. This targets kids who are too old for the government’s newborn-focused $1,000 seed.
Dell Contribution Eligibility (general guidelines):
- Age 10 or younger.
- Born before January 1, 2025.
- Live in ZIP codes with median household income of $150,000 or less.
| Contribution Source | Amount | DOB Requirement | Target Age Group |
| Michael & Susan Dell | Additional $250 | Born before Jan. 1, 2025 | Age 10 and younger in qualifying ZIP codes |
To check eligibility for the Dell $250 contribution, Robinhood has provided a grant eligibility lookup page at trumpaccounts.guide/calculators/grant-eligibility.
SpaceX Stock Donation
President Trump suggested Elon Musk might contribute SpaceX stock, but no confirmation from Musk has been reported. Instead, SpaceX President and COO Gwynne Shotwell and her husband Robert announced they would donate shares of SpaceX stock to benefit more than 2 million children.
The donation primarily targets:
- Children ages 11 through 17.
- Those in lower-income communities, with emphasis on central Texas.
| Contribution Source | Type | Approximate DOB Range | Target Age Group |
| Gwynne & Robert Shotwell | SpaceX stock | ~2009–2015 | Ages 11–17 in lower-income areas |
No specific public guidance has been detailed yet on claiming the SpaceX stock donation—watch for updates from the Treasury or IRS.
How to Open a Trump Account and Make Contributions
To open a Trump Account for your child:
- File IRS Form 4547 (Trump Account Election(s)) with your tax return, mail it, or submit it online via your IRS account.
- Or visit the official site: trumpaccounts.gov, which guides you through the process and app download.
Key rules:
- Any parent or grandparent can set up an account for a child, but there can be only one Trump Account per child.
- After setting up, the custodian receives a link to share with family and friends for contributions.
- Annual limit: $5,000 per child (not tax-deductible for the contributor).
- Employers may also contribute (with some tax benefits).
At age 18:
The Trump Account automatically transitions to (and is treated as) a traditional IRA for continued tax-deferred growth. At that point, the beneficiary gains full control of the account.
If the young adult is in a low tax bracket (for example, while attending college), they may convert the traditional IRA to a Roth IRA with little or no tax due. This allows the account to continue growing tax-free, and qualified distributions (after age 59½ and after the 5-year Roth holding period) would also be entirely tax-free. Note that withdrawals of earnings before age 59½ may still be subject to taxes and penalties even after conversion, so it works best as long-term retirement savings.
Questions? Contact Todd Green, CPA, at Green CPA, PLLC for personalized guidance on Trump Accounts and your family’s situation.
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