US EditionTreasury to Hold Summit on Trump Accounts
The summit promotes Trump Accounts with a $1,000 pilot deposit for eligible children and philanthropic support totaling $6.25 billion, aiming to expand financial opportunity for families.
- On January 28, President Donald Trump will deliver the keynote at a day-long Washington summit promoting Trump Accounts and encouraging parents to sign up.
- The One Big Beautiful Bill created Trump Accounts, and parents can elect them by submitting IRS Form 4547 with 2025 tax returns as the 2026 filing season opens Monday.
- Parents can contribute up to $5,000 annually and employers $2,500, with IRS Form 4547 including two elections and the Treasury authentication process beginning in May.
- The summit emphasizes a Main Street, family-focused agenda, but critics warn opt-in via tax form may exclude lower-income families and skew benefits toward wealthier Americans; Treasury Secretary Scott Bessent previously called the accounts "a backdoor for privatizing Social Security."
- Corporate matches and philanthropy could expand support beyond the Treasury $1,000 pilot contribution, with employer matches up to $1,000 and gifts from Michael Dell and Susan Dell plus Ray Dalio and Barbara Dalio.
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Treasury to hold summit on Trump accounts
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U.S. Treasury to Host 'Trump Accounts' Summit in D.C.
President Donald Trump's administration is hosting a summit in Washington, DC, to discuss how the proposed Trump Accounts will financially benefit young Americans in the years to come. The post U.S. Treasury to Host ‘Trump Accounts’ Summit Highlighting Benefits for America’s Children appeared first on Breitbart.
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