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Question

Are contributions to a Trump Account tax-deductible?

Answer

Individual contributions to a Trump Account are not tax-deductible. However, employer contributions of up to $2,500 per year may be excluded from the employee’s taxable income. Additionally, contributions may qualify for the annual gift tax exclusion under the IRS safe harbor rules established in Revenue Procedure 2026-25.

Related FAQs

Who can open a Trump Account?

What can a Trump Account be invested in?

What happens to a Trump Account when my child turns 18?
Financial Planning Tax Planning Educational Planning Parenthood Impact of New Laws OBBBA FAQs
Last Updated Aug. 5, 2026
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