How to use the Trump Account calculator
- 1 Choose the child's birth year; 2025 to 2028 gets the $1,000 deposit.
- 2 Enter family contributions a year.
- 3 Enter any employer contributions (up to $2,500).
- 4 Enter an average yearly return and read the value at 18.
Worked example
A child born in 2026 with $1,000 a year from the family and a 7% average return. The Treasury adds $1,000, and contributions run for 18 years (half a year in 2026). The family puts in $18,500 in total including the deposit, and the account could be worth about $38,069 at 18. The $1,000 deposit alone would grow to about $3,380.
Getting started with a Trump Account
- Make the election for the $1,000 deposit if your child was born 2025-2028.
- Ask your employer whether it offers Trump Account contributions.
- Invite family gifts, up to $5,000 a year in total.
- Start early: 18 years of growth makes small amounts add up.
Compare with a college fund in the 529 Plan Calculator, model growth with the Compound Interest Calculator, and check the Child Tax Credit Calculator.
Features
Treasury deposit
Adds the one-time $1,000 for eligible children born 2025-2028.
Contribution limits
Caps total yearly contributions at $5,000 and employer money at $2,500.
Growth breakdown
Shows money put in against investment growth.
When to use it
New parents
See what the $1,000 deposit and small yearly gifts could become. Compare with a college fund in the 529 Plan Calculator.
Grandparents and relatives
See the effect of a yearly gift.
Employers
Show staff what a $2,500 employer contribution adds.
Long-term saving
Compare with general investing in the Compound Interest Calculator.
Related Savings and Investing tasks
Frequently asked questions
What is a Trump Account?
A new tax-advantaged savings account for children, created by the One Big Beautiful Bill Act. It works like a traditional IRA for a child, invested in low-cost US stock index funds, and cannot be withdrawn before age 18.
Who gets the $1,000?
US citizen children with a Social Security number born from January 1, 2025 through December 31, 2028. Parents must make an election, for example on Form 4547 or at trumpaccounts.gov, for the Treasury to deposit it.
How much can be added each year?
$5,000 a year in total from parents, relatives, the child and employers for 2026 and 2027, indexed after that. The $1,000 Treasury deposit and some government or charity contributions do not count toward the limit.
Can my employer contribute?
Yes. Employers can add up to $2,500 a year per employee, tax-free to the employee, and it counts toward the $5,000 limit.
When could contributions start?
July 4, 2026. Contributions stop in the year the child turns 18.
How is the money invested?
In eligible funds that track a US stock index, with annual fees of 0.1% or less.
What happens at 18?
The account follows most traditional IRA rules. Withdrawals are taxed as income, and taking money before 59½ can mean a 10% penalty unless an exception applies, such as education or a first home.
Are contributions tax-deductible?
No. Parents' contributions are not deductible, but growth is tax-deferred.
Is it better than a 529 plan?
It depends. A 529 plan gives tax-free withdrawals for education; a Trump Account is more like a retirement account. The free $1,000 makes it worth opening for eligible children.
Can I open a Trump Account for an older child?
Yes. Any US citizen child under 18 with a Social Security number can have a Trump Account, but only children born from 2025 through 2028 get the $1,000 Treasury deposit.
Results are estimates based on the official rates linked above. Confirm important figures with the issuing authority or a qualified adviser before you act on them.
Built and reviewed by Hamza Farooq, founder and lead developer
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