A running list of official announcements from Treasury and the IRS, in plain English, with a link to each source. We update it as new rules come out.
Prepared by Prem Tax and Accounting Corp. Last checked against official sources on October 9, 2026.
Every eligible child under 18 with a Social Security number and no account now has a Trump Account ready to be claimed: more than 60 million additional children. A parent or guardian claims it in the official app, which is also required before the $1,000 seed and other contributions can be added.
Funds may be invested only in a mutual fund or ETF that tracks an index of primarily U.S. companies, uses no leverage and charges no more than 0.1% a year. If no choice is made, the trustee picks an eligible option. Comments are due October 20, 2026.
Employers may give up to $2,500 a year, tax-free to the employee, to the Trump Account of an employee or their dependent through a separate written plan that meets nondiscrimination rules. Comments closed September 25, and a public hearing is set for October 15, 2026.
Accounts opened for contributions. Parents can manage the account in the official app, add money, set recurring contributions and link a bank account. The $1,000 government seed for eligible children could be deposited from this date.
The Trump Accounts app became available on the Apple and Google stores. Families who had already filed Form 4547 began receiving activation emails, in phases through July 4.
Two sets of proposed rules explain who may open an account (legal guardian, then parent, adult sibling, grandparent), that elections run through December 31 of the year the child turns 17, and who qualifies for the one-time $1,000 deposit.
Treasury and the IRS explained the basic rules: the $5,000 yearly limit, $2,500 employer contributions, index-fund-only investing, no withdrawals until the year the child turns 18, and a notice that regulations would follow.
On TrumpAccounts.gov and the IRS page IRS.gov/trumpaccounts, and in the IRS and Treasury newsrooms. We summarize them here.
We check official sources every month and add anything new. The date at the top of the page shows the last update.
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