Families now have another way to opt-in and claim up to $1,000 in seed money for their children’s investment accounts amid a flurry of promotions for Trump’s accounts.
Parents or guardians can now begin the process of opening a Trump Account by electronically filing IRS Form 4547 via TrumpAccounts.gov. You can also submit the form along with your 2025 tax return.
“Breaking News: You can now claim your child’s @TrumpAccount with your tax return or directly on the government’s official website,” nonprofit advocacy group Invest America said in an X Post late Sunday night.
The announcement came about five hours after Invest America aired a 30-second Super Bowl commercial for the Trump account. The commercial aired immediately after the national anthem at the game. The government previously said this registration option would not be available until “mid-2026”.
TrumpAccounts.gov will send Form 4547 directly to the IRS. Families will then be contacted by a “partner financial company” with further information to complete the account setup, according to the website. According to Treasury guidance from December, the certification process is expected to begin in May.
Trump accounts, also known as 530A accounts, were created by President Donald Trump’s “Big and Beautiful Act” to encourage early wealth accumulation for children.
Any parent or guardian can set up an account for a child under 18, but only children born between 2025 and 2028 are eligible to receive a one-time $1,000 contribution from the Treasury Department.
Once the account is opened, federal seed funding is expected to arrive in July. Families can then deposit up to $5,000 more into the account each year.
More and more companies are pledging to match the first deposit to the Treasury for the children of their employees. Depending on their income and where they live, some children may be eligible for gifts from philanthropists to Trump’s account. It is unclear how quickly these funds will be available.
Financial advisers generally encourage families eligible to receive “free money” from the Treasury, their employer or other sources to open a Trump account.
