Anonymous
01/29/2026 (Thu) 15:09
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>>174732Donald J. Trump @realDonaldTrump - Mike Johnson @MikeJohnson
New in 2026: Trump Accounts are jumpstarting the American Dream for
every child.
Watch for more on what this means for your family
This is one more way Republicans are delivering bigger paychecks,
bigger tax returns, and bigger opportunities for all Americans!
https://truthsocial.com/@realDonaldTrump/posts/115976143309861009Donald J. Trump @realDonaldTrump - Video: Let's break down Trump Accounts, the new child savings program rolling out in 2026.
These are tax advantage investment accounts created for kids under 18 who are U.S. citizens with a social security number.
Every eligible child gets a $1,000 seed deposit from the federal government.
No action required, except you have to open the account.
You enroll by making an election on IRS Form 4547 when you file your taxes or through the online Trump Accounts portal once available.
Once established, the account is invested in gross tax deferred over time, similar to a traditional IRA, until your child turns 18.
You can help it grow by contributing up to $5,000 per year, and even employers or family can contribute too.
Funds can be accessed without penalty when the child turns 18 for qualified expenses, like education, a first home purchase, or starting a business to jumpstart the American dream.
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