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Trump Accounts, explained in plain English

The federal government created a brand new savings account for children, and it may start your child off with $1,000. Here is everything a parent needs to know, from licensed professionals who help families navigate it every day.

Check My Child's Eligibility →
Born 2025 to 2028: $1,000 Any child under 18 may qualify
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Born 2025 to 2028?$1,000 federal contribution
$1,000
Federal contribution for eligible newborns
$5,000
Annual contribution room per child
$2,500
May come from an employer, within the cap
Under 18
Any child with an SSN may open one
Start here

New to Trump Accounts? Three quick answers

What is a Trump Account?

A new federal savings account for children, similar to a traditional IRA, owned by your child and managed by you until 18.

Read the full guide →

How do I claim the $1,000?

Children born 2025 to 2028 may receive a one time federal contribution. It needs to be claimed correctly by the right parent.

See how to claim it →

Trump Account or 529?

They solve different problems. One is retirement style wealth, the other is education money. Many families use both.

Compare them →
The rules at a glance

Six things every parent should know

  • Who can have one: any child under 18 with a Social Security number. No earned income required.
  • The $1,000 seed: for eligible U.S. citizen children born January 1, 2025 through December 31, 2028, claimed by the parent who claims the child as a dependent.
  • Annual limit: up to $5,000 per year combined from parents, relatives, friends, and the child. Indexed for inflation after 2027.
  • Employers can help: up to $2,500 a year within the cap. Ask HR about it.
  • How it is invested: low cost funds tracking U.S. stock indexes, with capped fees.
  • Access and taxes: locked until 18, then traditional IRA rules generally apply. Growth is tax deferred; earnings are taxed as ordinary income at withdrawal.
Two happy babies in knitted bunny hats
Free money, claimed rightwe walk you through it

60 seconds. Four questions. Your child's eligibility.

Answer a few quick questions and a licensed professional will confirm exactly what your child qualifies for, including the $1,000.

Start the Eligibility Check →
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One layer of a bigger planflexibility, protection, growth
The honest take

A great start. Rarely the whole answer.

For eligible newborns, a Trump Account is free money every family should claim. But it has real limits: the $5,000 cap, restricted investment menus, no access before 18, and ordinary income tax on growth at withdrawal.

That is why most families we work with treat it as one layer of a bigger plan, alongside custodial accounts and cash value life insurance that add flexibility and protection, where eligible and appropriate.

See the Full Plan Approach →
How we help

From "what is this?" to a funded account

1

Eligibility review

We confirm what your child qualifies for, including the $1,000 election, at no cost.

2

Setup guidance

We walk you through opening and funding the account correctly, step by step.

3

The bigger picture

We show you what the account covers, what it does not, and how to fill the gaps.

4

Ongoing support

Rules for new programs evolve. We keep our families up to date, 24/7.

Trump Account FAQ

Questions parents ask us every week

My child was born before 2025. Are they left out?
Not at all. Any child under 18 with a Social Security number may be able to open a Trump Account and receive up to $5,000 per year in contributions. They simply do not receive the $1,000 federal seed, which is limited to births from 2025 through 2028.
Do I have to pay taxes on the account?
Contributions are made with after tax money and are not taxed again at withdrawal. Investment growth compounds tax deferred inside the account, and earnings are taxed as ordinary income when they are eventually withdrawn, generally under traditional IRA rules once your child is an adult. Full tax breakdown here.
Can grandparents or my employer contribute?
Yes. Parents, relatives, friends, and even the child can contribute, and employers may add up to $2,500 per year, all within the combined $5,000 annual limit.
Can we take the money out for an emergency?
Generally no. Withdrawals are not permitted before age 18, which is part of why we help families build a plan with additional, more flexible layers alongside the Trump Account.
What does your guidance cost?
The consultation is free. We earn our living from the insurance and investment products families choose to implement with us, and we are always transparent about that.
Kids Retirement Plan is an independent private practice and is not affiliated with, endorsed by, or connected to the United States government, the Department of the Treasury, the Internal Revenue Service, or trumpaccounts.gov. Program rules summarized here are based on published federal guidance as of 2026 and are subject to change. For official program information, visit trumpaccounts.gov.
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Find out what your child qualifies for

A short, free consultation answers every question on this page for your specific family.

Check My Child's Eligibility →
What families say

Parents who started early

★★★★★

"We wanted to start planning for our son's future while he was still young, but we had no idea where to begin. The team explained everything clearly and helped us find an option that made sense for our family and our budget."

Parent of 2
★★★★★

"I really appreciated how patient and informative the whole process was. There was no pressure at all, and every question I had was answered in a way that was easy to understand."

Mother of 1
★★★★★

"The team was professional, knowledgeable, and very easy to talk to. I never felt like I was being sold something. It felt more like a conversation about what was best for our family."

Mother of 3
★★★★★

"Great experience from beginning to end. They answered all of our questions and helped us choose a plan that fit comfortably into our monthly budget."

Family in California
★★★★★

"I wish someone had explained this type of planning to me years ago. Starting something for our kids now gives us a lot more peace of mind."

Parent of 2
★★★★★

"As a new mom, I have been thinking a lot more about my child's future. Getting a plan in place gave me a sense that we are starting on the right foot."

New Mom
★★★★★

"We have three kids, so finding something realistic for our budget was important. The team listened to us and helped us understand what options made sense for our situation."

Father of 3
★★★★★

"One of the best things we have done for our family's long term planning. The process was simple, the explanations were clear, and we felt comfortable asking as many questions as we needed."

Family in the U.S.

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