Trump Accounts for kids born before 2025

Some children can receive a one-time $1,000 from the U.S. Treasury.

The child must be a U.S. citizen, born from January 1, 2025 through December 31, 2028, with a valid Social Security number. Opening the account does not include this deposit. A parent still has to elect it on IRS Form 4547, and Treasury says the account has to be claimed before the deposit can be received. It does not count toward the $5,000. A child born in another year does not get this deposit and can still have a Trump Account.

A child with a valid Social Security number can have a Trump Account if they will not turn 18 before the end of the year the account is opened.

That is the IRS list. Qualifying for the $1,000 deposit is a separate test, and it adds U.S. citizenship. For an election filed in 2026, the Form 4547 instructions say the child must have been born after December 31, 2008.

Treasury finished automatic enrollment on October 1, 2026. A parent claims the account before anyone can manage it or contribute.

Treasury says every eligible child under 18 with a valid Social Security number has an account ready to claim. Claim it in the Trump Accounts app or on the Trump Accounts website. You verify your identity, confirm you are the parent or guardian, and accept the terms. There is no deadline to claim, and the account stays invested in the meantime. Form 4547 is not required just to claim an account Treasury already opened. Use it to request the $1,000, or to ask for an account if your child does not already have one. You can file it in the app, on the Trump Accounts website, or in your IRS individual account. The IRS help line is 866-USA-4547.

Parents, family, friends, and the child can all contribute.

The program says anyone can contribute to a claimed account, up to the shared yearly cap. The child does not need earned income for those childhood contributions. Employers, charities, and state or local governments can also contribute under their own rules.

In 2026, ordinary contributions to one child's Trump Account share a $5,000 cap.

The child, parents, family, friends, employers, and anyone else giving personally all draw from that same $5,000. An employer can contribute up to $2,500 a year for an employee, across all of that employee's children, and those dollars count toward each child's $5,000. The IRS says the employer amount is not included in the employee's taxable income, and that the yearly limits adjust for inflation after 2027. As of this review, the program's contributions page still says employer contributions are coming soon.

The Treasury has described a pledge from Michael and Susan Dell to add $250 to Trump Accounts for 25 million children under age 10.

That pledge is separate from the $1,000 deposit. This page does not explain how to claim it.