Get $1,000 for your baby’s future
A guide to 530A/Trump Accounts
If your child was born on or after January 1, 2025, you can benefit from opening a 530A investment account. The government will add $1,000 to the account, and the money will likely grow over time. No one can withdraw the money before your child turns 18.
Some children born before 2025 may still benefit from opening a 530A account. Learn more about money available for some older children here.
What is a 530A account?
A 530A account, also called a “Trump Account,” is a new investment account for children. The accounts are now available. Any child under 18 with a Social Security Number can have an account, but not every child will receive seed money to their account.
The money will be invested in the stock market, where it will likely grow over time. When your child turns 18, they will be able to use the money for certain things, like higher education.
Families cannot use any money put into these accounts until the child turns 18. Parents and guardians should learn more before contributing their own money to these accounts.
How do I sign up?
Sign up process
530A sign-up has been open since early 2026 but the sign-up process continues to change. For more information see how do I sign up?
- File a form with the IRS while filing your taxes, or file a standalone form.
- Once the form is processed, you will get a follow-up email from no-reply@TrumpAccounts.Treasury.gov, pointing you to TrumpAccount.com. Follow these instructions to activate your account.
Account activation emails began going out in late May 2026.
Haven't filed your taxes? You might be leaving money on the table
Do I get this money automatically?
No. You must sign up to open the account and receive any contributions.
If you do not take action, your child will not receive this money.
Who puts money into 530A accounts? How much?
- The federal government: Children born between January 1, 2025 and December 31, 2028 will receive $1,000 from the federal government.
- Donors and state governments: Some donors and state, local, and tribal governments may also contribute money to certain accounts. Contribution amounts vary.
- Employers: Some employers may contribute money to their employees’ children’s accounts. Contribution amounts vary by employer.
- Families: You, your family, and your friends can also add money to the account.
Should I put my own money in a 530A Account?
Maybe. For some families, contributing to a 530A can be a good way to save for a child’s future. For others, there may be better options.
You do not need to contribute your own money to receive government or donor contributions. You can simply open the account and receive any contributions your child qualifies for.
Will a 530A account affect my public benefits, like SSI or SNAP?
It’s unlikely, but possible. The 530A shouldn’t affect your public benefits while your child is under 18, but the accounts are new and formal information is still coming out. You may consider being cautious if you are enrolled in Temporary Assistance for Needy Families (TANF).
How is a 530A investment account different from a 529 plan?
Where is the money invested?
530A funds are invested in stocks and bonds that track the overall movement of the stock market. In most cases, that means that if the S&P 500 goes up 10%, the 530A will also go up 10%. Technically speaking, your child’s 530A account will own shares in a “mutual fund” or an “exchange-traded fund.”
Like most investment accounts, 530A accounts may charge management fees. The law caps certain types of fees at 0.1%, but the full fee schedule is not yet known. Any fees should be deducted automatically from the account.