Who can have a Trump Account?

A child with a valid Social Security number who does not turn 18 before the end of the year the account is set up. U.S. citizenship is not required for the account itself.

Who qualifies for the $1,000 deposit?

U.S.-citizen children born from Jan. 1, 2025 through Dec. 31, 2028 who have a valid SSN. It is not automatic; a parent must elect it on Form 4547.

Does my child already have an account?

Treasury says it automatically enrolled eligible children as of Oct. 1, 2026. Parents still need to claim the account in the official app or at trumpaccount.com to manage it.

Trump Account Eligibility Checker | Free Tool

Does my child qualify for a Trump Account?

A Trump Account is a new federal savings account (a type of IRA) for children under 18 who have a valid Social Security number. Use this free check to see if your child can have one and whether they may qualify for the one-time $1,000 deposit.