Overview
- TrumpAccounts.gov now accepts electronic Form 4547 submissions, moving up availability that officials had previously indicated would come in mid‑2026.
- Children born from 2025 through 2028 qualify for a one‑time $1,000 Treasury deposit once a parent or guardian elects the account, while any child under 18 may have an account without the seed.
- After elections are filed, Treasury says authentication will start in May and no pilot deposits will arrive before July 4, with partner financial firms contacting families to complete setup.
- Combined family and employer contributions are capped at $5,000 per account annually, employer contributions are deductible up to $2,500 per employee, and funds must be invested in a low‑cost, broadly diversified U.S. stock index fund or ETF with fees at or below 0.10%.
- A Super Bowl ad from Invest America promoted sign‑ups as the White House cited about 1 million enrollments, while analysts caution the design may favor higher‑income families and note IRS guidance that allows conversion to a Roth IRA at age 18.