All About Those New TRUMP Accounts

EVENT DESCRIPTION

The One Big Beautiful Bill Act introduced TRUMP Accounts (Tax Relief for U.S. Minors and Parents), a new tax-advantaged savings vehicle for U.S. citizen children under age 8. This course covers contribution limits, the federal $1,000 seed contribution for eligible newborns, investment options, and distribution rules.

EVENT OBJECTIVE

  • Explain the legislative origin of TRUMP Accounts and identify eligible account holders
  • Describe contribution limits, the federal $1,000 seed contribution, and income phase-out rules
  • Identify permissible investments and tax treatment of earnings
  • Explain distribution rules and tax/penalty consequences of non-qualifying withdrawals
  • Compare TRUMP Accounts to 529 plans, Coverdell ESAs, and custodial accounts

COURSE NAME

All About Those New TRUMP Accounts

COURSE DESCRIPTION

N/A
  • Date: Aug-01-2026
ON DEMAND COURSE DETAILS
  • Course Name:
    All About Those New TRUMP Accounts
  • Event Type:
    On Demand
  • What you'll learn:

    N/A

  • Delivery Method:
    ONLINE
  • Category:
    N/A
  • Start Date:
    Aug-01-2026
  • Provider:
    N/A
  • Duration:
    N/A
  • Expiry:
    No Expiry