The federal pilot programme contributes $1,000 once to an eligible child's Trump Account after the authorised individual elects it and the account is opened. Eligibility requires the child to be a US citizen, born from 1 January 2025 through 31 December 2028, with a valid Social Security number and no prior seed election. IRS Form 4547 instructions give the conditions and state that the Treasury deposit is made after account-opening confirmation, no earlier than 4 July 2026.
How to make the election
An authorised individual may file Form 4547 with the appropriate tax filing, separately as instructed, or use the IRS Individual Online Account route where available. The child needs an SSN and birth information for the election.
A child born in 2026
Maya is a US citizen born in June 2026 with a valid SSN. Her parent files an eligible Form 4547 election. After the trustee confirms opening, the Treasury can deposit the $1,000. The seed does not use up the $5,000 annual ordinary contribution limit. If Maya was born in 2024, she may still be eligible for a Trump Account but not this pilot contribution; if she lacks the citizenship/SSN conditions, the seed also does not apply.
Growth illustration without a promise
At a purely hypothetical 7.5% annual return and no fees, taxes or withdrawals, $1,000 at birth would become about $3,676 at age 18 and $110,040 at 65 (1,000×1.075^age). Actual market returns vary and losses are possible. Neither return is guaranteed, and inflation lowers purchasing power.
