Trump Accounts for children launch on July 4, 2026.
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“The eligibility rules are going to be based on what we’ll refer to as the beneficiary, the child that we’re establishing these for,” Werner says.
To qualify, a child must be under age 18 at the end of the calendar year in which the account is opened, be a U.S. citizen, and have a Social Security number. Werner emphasized that an ITIN is not sufficient.
Current contribution limits are $5,000 annually per child. “It’s not $5,000 per donor. It’s $5,000 per child,” Werner says, noting that family members should coordinate contributions.
A federal pilot program for children born between 2025 and 2028 calls for eligible children to receive a one-time $1,000 federal contribution in addition to annual family funding.
In addition, Werner points to philanthropic programs such as one sponsored by the Dell Foundation that may provide an extra $250 contribution for qualifying children based on ZIP code income criteria.
Among the key dates advisors should track are the Jan. 1–Oct. 15, 2026, the period for filing Form 4547 and July 4, 2026, “the day when the accounts officially launch.”