1. When was (or will) the child be born?
2. Is the child a U.S. citizen?
3. Does the child have (or will they get) a Social Security number?
Your child appears to qualify for both a Trump Account and the one-time $1,000 federal pilot contribution. A parent or guardian makes the election (IRS Form 4547); see trumpaccounts.gov for the official enrollment process. Accounts open and contributions begin July 2026.
See what it could grow to →Children who haven't turned 18 by the end of the election year can have a Trump Account opened for them with contributions up to $5,000/year — but the $1,000 federal contribution is limited to U.S. citizens born 2025–2028.
Project the growth anyway →Based on your answers, this child likely doesn't qualify for a Trump Account. Rules may evolve as the IRS finalizes regulations — check trumpaccounts.gov for updates.
Compare other options →The eligibility rules, in plain English
Who gets the $1,000 federal contribution
The one-time $1,000 pilot program contribution goes to children who meet all three of these conditions, per IRS Notice 2025-68:
- Born on or after January 1, 2025 and on or before December 31, 2028
- A U.S. citizen
- Has a valid Social Security number, with an election made on their behalf (generally by a parent or guardian)
Who can have a Trump Account (without the seed)
Any child who has not turned 18 before the end of the calendar year in which the election is made can have an account established. Family and others can contribute up to $5,000 per year in total, and an employer of a parent can add up to $2,500 of that tax-free. Contributions cannot be made before July 4, 2026.
Key dates
- December 2025 — IRS issued Notice 2025-68 and draft Form 4547 (the election form)
- Mid-2026 — account activation information goes out to families
- July 4, 2026 — first day contributions are allowed
- December 31, 2028 — last birth date eligible for the $1,000 pilot contribution