Trump Accounts: What Families Need to Know

Trump Accounts are new tax-advantaged savings accounts for children under 18.  They became eligible for contributions beginning on July 4, 2026.

The One Big Beautiful Bill Act of 2025 created Trump Accounts under new Internal Revenue Code Section 530A. A Trump Account is an investment account in a child's name. It grows tax-deferred until the child is an adult, and from age 18 it works much like a traditional IRA.  Here's a quick reference flyer for your awareness.

Visit https://trumpaccounts.gov/ for the official US Government site.

Important disclosures

Canopy Financial Solutions is a registered investment adviser. This content is for informational and educational purposes only and is not personalized investment, tax, or legal advice, nor an offer or solicitation to buy or sell any security or insurance product. Investing involves risk, including the possible loss of principal.

The opinions expressed are those of the author as of the date of publication and are subject to change without notice. Forward-looking statements, including views on markets, interest rates, and economic conditions, are based on current expectations and assumptions that may not be realized. Actual results may differ materially.

For full disclosures and disclaimers, visit https://www.canopyfinsol.com/disclaimers.