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Question

How do I open a Trump Account for my child?

Answer

To open a Trump Account, file IRS Form 4547, Trump Account Election(s). The fastest method is to submit the form electronically at trumpaccounts.gov. You can also file it with your annual tax return or mail it separately. After the IRS processes the form, you’ll receive activation instructions and can begin funding the account.

Related FAQs

Can I have both a Trump Account and a 529 plan for my child?

When can I open a Trump account?

What is the $1,000 federal pilot contribution?

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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How To Open a Trump Account for Your Child

Trump Accounts (Section 530A) let families invest up to $5,000 a year for any child under 18 — plus a $1,000 federal pilot contribution for kids born 2025 to 2028.

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