IRS Issues New Trump Account Rules for Child Investments

530A Accounts (“Trump Accounts”) — Summary as of 3/5/2026 - The MJ Companies

What Is a 530A / Trump Account? A new type of individual retirement account for children under age 18, created under the One Big Beautiful Bill Act (H.R. 1, P.L. 119‑21). These are custodial IRAs with strict rules on contributions, investments, and withdrawals. Eligibility Any U.S. citizen under age 18 with a valid Social Security Number. Only one Trump Account per child. Opening an Account Accounts are opened by filing IRS Form 4547 (Trump…

IRS, Treasury Issue Proposed Rules for Trump Accounts Contribution Pilot Program

The proposed regulations issued on March 6 provide rules on how the Treasury Department will make one-time $1,000 pilot program contributions to the Trump Accounts of eligible children.

IRS Issues New Trump Account Rules for Child Investments

New IRS regulations detail Trump account eligibility, opening procedures and $1,000 pilot program contributions for children