04/30/2026
Trump Accounts are getting attention as a new way to begin retirement savings for children.
We put together an overview of how they work, how they compare to 529 plans and Roth IRAs, and how they may fit into a broader family savings strategy.
A few key points:
• Available for children under 18, even without earned income
• Tax-deferred growth with annual contribution limits and restrictions
• Functions more like a Traditional IRA in the year the child turns 18
• Best viewed as a complement to 529s and Roth IRAs, not a replacement
If you’re curious how this might fit into your family’s planning, the full breakdown is here:
Learn how Trump Accounts work as a new retirement savings option for children, including contribution rules, tax treatment, age restrictions, and how they compare to 529 plans and Roth IRAs.