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Question

Is it worth claiming the $1,000 Trump Account seed contribution?

Answer

Yes, if your child is eligible. Children born between 2025 and 2028 who are U.S. citizens with valid Social Security numbers can receive a one-time $1,000 contribution from the federal government. You must elect this contribution by submitting Form 4547, even if the U.S. Department of the Treasury automatically opened the account. This is free money that can grow over time alongside your own contributions.

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Financial Planning Tax Planning Family & Health FAQs
Last Updated Nov. 5, 2026
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