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Retirement
Benefits+ | Retirement

530A Accounts (“Trump Accounts”) — Summary as of 3/5/2026

What Is a 530A / Trump Account? A new type of individual retirement account for children under age 18, created under the One Big Beautiful Bill Act (H.R. 1, P.L. 119‑21). These are custodial IRAs with strict rules on contributions, (…)

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Retirement
PUBLISHED March 12th, 2026

530A Accounts (“Trump Accounts”) — Summary as of 3/5/2026

Scott T. Bilyou

What Is a 530A / Trump Account? A new type of individual retirement account for children under age 18, created under the One Big …

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