Language

English (en)

Publication Date

7-14-2026

Summary

Trump Accounts are IRAs for American children, with a $1,000 federal seed contribution available for those born from 2025 through 2028. Under the current design, families must take two separate steps to request an account. Children whose families do not complete both steps will receive neither the account nor the federal deposit. They also will be excluded from employer matches, philanthropic contributions, and other general contributions to Trump Accounts. The current opt-in design will leave behind the children who need the program most. States are well positioned to address this gap. This Policy Brief proposes a framework for state engagement in the administration of Trump Accounts. The framework is grounded in long-term research on early wealth-building policy, the operational experience of statewide children's account programs, and the established federal–state framework for state Auto-IRA programs.

Document Type

Policy Brief

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Center for Social Development & Pennsylvania Treasury Department. (2026). State engagement in Trump Accounts: A policy-design and implementation framework (CSD Policy Brief No. 26-44). Washington University, Center for Social Development.

Project

SEED for Oklahoma Kids

Keywords

Trump Accounts ; Child Development Accounts (CDAs); policy; United States;

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