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 seed 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 expected to be available starting in July 2026. 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 last updated: June 8, 2026
IRS 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.
To open the account and receive the $1,000 government contribution, you must complete two steps:
- 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
You may want to file a tax return even if you did not work or earned very little income. Filing taxes may help your family access benefits, tax credits, and a 530A account.
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? Am I eligible for money?
Money can come from four sources:
- 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.
You do not have to contribute money to open the account or receive government or donor contributions.
How does a 530A account work? How can I spend the money?
In most cases, you cannot take money out of a 530A account before your child turns 18, even during emergencies or for education expenses. Any money deposited in the 530A account has to stay there until your child turns 18.
Once your child turns 18, they can only use the money for certain things without a penalty, including: higher education, buying a first home, some personal or family emergencies, some large medical expenses, and some birth or adoption expenses.
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?
Both 529 and 530A accounts help families save money for a child’s future, like college, but they work differently. The best account for your family depends on your financial situation, your goals, and where you live. If you plan to save your own money, think carefully about which account is right for you.
Where is the money invested?
By default, your child’s 530A is managed by a company called Robinhood. Other companies are qualified to manage 530A accounts. If you wish, you will be able to transfer your 530A to another company that offers 530A accounts.