An American child born after December 31, 2024 and before January 1, 2029 for whom a Trump Account is established, will receive an initial $1,000 deposit from the government, with the potential for parents to contribute up to an additional $5,000 per year initially.

Employers may make an annual contribution of up to $2,500 to a Trump Account and that contribution will not impact the employee’s taxable income.

All information is in draft form, and the connection to the 2025 tax filing has not yet been established.