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What are Trump accounts? A parents FAQ on eligibility, benefits and risks

Trump Accounts could shape how millions of U.S. children build wealth from birth. Over 4.2 million American families have already filed IRS Form 4547 for the new 530A Trump Accounts launching July 2026. These accounts provide a $1,000 federal seed for newborns. Parents can deposit up to $5,000 annually tax-deferred. No earned income is required for kids. Funds grow in U.S. index funds until age 18. This creates massive generational wealth. It is the new gold standard for family savings.

9 Feb 2026 8:00 pm