Yes. Trump Accounts are not a proposal or a rumor. The law creating them has been signed.
The One Big Beautiful Bill Act was passed by Congress and signed by President Trump in 2025. It's federal law. Invest America Accounts (the official name for Trump Accounts) exist because of that legislation.
What Exactly Was Signed?
The One Big Beautiful Bill Act is a broad piece of legislation covering tax policy, economic programs, and spending. The Invest America program is one component of it. It created:
- A federal investment account available to every U.S. child under 18 with a Social Security Number
- A $1,000 government seed contribution for children born between January 1, 2025 and December 31, 2028
- A $5,000 annual contribution limit from all sources
- Tax-deferred growth invested in low-cost S&P 500 index funds
- Account conversion to a traditional IRA at age 18
You can read more about how Trump Accounts work and what your child could receive over time.
When Does It Take Effect?
The law is already in effect. But the accounts themselves don't open until July 5, 2026. The U.S. Treasury needs time to build the infrastructure to manage tens of millions of new accounts.
In the meantime, there's one important action for families: file IRS Form 4547 with your 2025 tax return by April 15, 2026 to claim the $1,000 government seed, if your child was born between 2025 and 2028.
Can Laws Like This Be Reversed?
Yes, technically any law can be modified or repealed by a future Congress. That's true of any legislation. But the program is now federal law, administered by the U.S. Treasury, and children who open accounts are entitled to those accounts under current law.
What About the April 15 Deadline?
This is the part a lot of parents don't realize is time-sensitive. Filing IRS Form 4547 by April 15, 2026 with your 2025 tax return is how you establish your child's eligibility for the $1,000 seed. You don't actually receive the money until the account opens in July 2026, but the form locks in the claim.
If you miss April 15, you can still open a Trump Account using the online portal at trumpaccounts.gov when it goes live later in 2026. But acting now is the cleaner path.
For a step-by-step walkthrough, see our guide to opening a Trump Account.
Find out in 30 seconds if your child qualifies at investamericaquiz.com.
Still have questions? Here's everything people are asking about Trump Accounts.
This post is for educational purposes only and is not tax, legal, or investment advice. Grifin is not affiliated with the U.S. government or the Invest America program.
