Trump Accounts Calculator
The OBBBA creates "Trump Accounts" — tax-advantaged savings for newborns with a $1,000 federal seed contribution. See how much your child's account could be worth at age 18.
The U.S. government contributes $1,000 at birth for children born 2024–2028. This grows tax-advantaged until age 18.
Optional — leave at $0 to see federal seed growth only
Select your child's birth year to calculate Trump Account value at age 18.
Trump Accounts — Everything You Need to Know
Who Qualifies?
Children born in the United States between January 1, 2024 and December 31, 2028 qualify for the $1,000 federal contribution. The child must be a U.S. citizen. Parents must claim the child on their taxes.
When Can the Money Be Used?
Trump Accounts mature when the child turns 18. Funds can be used for education, a first home purchase, starting a business, or retirement savings — all without federal income tax on the growth.
Can Parents Contribute More?
Yes. Parents and family members can make additional contributions to the Trump Account beyond the $1,000 federal seed. Contribution limits and investment options are similar to existing education savings accounts. Details pending IRS guidance.
Investment Options
Trump Accounts are expected to be invested in a default U.S. stock market index fund, similar to a target-date fund. Parents may have the option to select from approved investment options. Final rules pending Treasury guidance.