4 Million Children Have Been Signed Up For Trump Accounts: IRS
People can start contributing to the accounts starting July 4. The annual limit is $5,000.
Naveen Athrappully
Reporter
3/31/2026|Updated: 3/31/2026
American taxpayers have signed up over 4 million children to the tax-advantaged Trump Accounts, and more than 1 million of those accounts have elected to receive the $1,000 pilot contribution from the government, the IRS said in a March 31 statement.
“Contributions to Trump Accounts can be made starting July 4, 2026. All eligible children may receive deposits from parents, relatives, friends, employers, state governments, philanthropic organizations, and individuals, subject to an annual limit,” the IRS said.
The Trump Accounts, formally the Invest America accounts, were established under the One Big Beautiful Bill Act signed into law by President Donald Trump in July last year.
Every child under 18 who is a U.S. citizen and has a valid Social Security Number is eligible to open a Trump Account. In addition, any child born between Jan. 1, 2025, and Dec. 31, 2028, can get an initial seed contribution of $1,000 from the government.
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READ MORE: https://www.theepochtimes.com/us/4-million-children-have-been-signed-up-for-trump-accounts-irs-6006471?ea_src=frontpage&ea_med=section-1
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