If you've heard about Trump Accounts and still have more questions than answers, you're not alone.
This is a brand new government program. It just passed. Most parents are still trying to figure out what it even is, let alone whether their kids qualify.
So we put together a running list of every question we're seeing people ask. We'll link each one to a full answer as we publish them. But if you want to skip straight to the most important question first, take the quiz at investamericaquiz.com. Takes about 30 seconds.
First, what even is this?
- What is Invest America?
- What are Trump Accounts?
- How do Trump Accounts work?
- Is Invest America real?
- What is the $1,000 investment for kids?
Does my child qualify?
This is where most parents start. Honestly, it's the right place to start.
- Who qualifies for Invest America?
- Do all children get the $1,000?
- What age qualifies for a Trump Account?
- Do newborns qualify?
- Can I sign up if my child hasn't been born yet?
- Do I need to be a U.S. citizen?
- Can multiple kids in the same family qualify?
- What if I have twins?
How does it actually work?
- Where is the money invested?
- Can I withdraw the money?
- What happens when my child turns 18?
- Can parents add more money on top of the $1,000?
- Who manages the account?
- Is there a contribution limit?
When does this start?
- When does Invest America launch?
- Is Invest America live yet?
- When will my child receive the $1,000?
- What is the April 15 deadline?
- What is IRS Form 4547?
Is this legit?
- Is Invest America a scam?
- Who created Trump Accounts?
- Is this government-backed?
- Has this been signed into law?
- Is my money safe?
How does this compare to other options?
- Trump Accounts vs. 529 plan
- Trump Accounts vs. custodial accounts
- Is this better than a savings account?
- How does this compare to a Roth IRA for kids?
How do I sign up?
- How do I open a Trump Account for my child?
- How do I check if my child is eligible?
- How long does the application take?
- What documents do I need?
Longer term questions
- How much will $1,000 grow over 18 years?
- Can this replace a college fund?
- What happens if the market drops?
- Are there taxes on Trump Accounts?
The edge cases
- Can grandparents open an account?
- What if I don't have a bank account?
- What if I withdraw early?
- Can non-citizens apply?
- What if I miss the signup deadline?
We'll keep adding answers to all of these. In the meantime, the fastest way to know where your family stands is to just take the quiz.
Find out if your child qualifies at investamericaquiz.com
Takes 30 seconds.

