The proposed rules move the federal government closer to operationalizing Trump Accounts, a savings vehicle for children.

The IRS announced a series of proposed rules that would determine eligibility and timing for the $1,000 government seed payments, among other aspects of the Trump Accounts.

The IRS has released initial guidance on contributions, limits and withdrawals for the new Trump accounts authorized under the One Big Beautiful Bill Act—as well as how to apply to open one. Trump accounts are a new kind of retirement savings account ...

A new federal savings account for children known as “Trump Accounts,” is on the verge of launching — and the IRS advises parents, guardians and families across the country to pay close attention to updates concerning the accounts. Under the 2025 One ...