Trump Account Setup Process at a Glance

Setting up a Trump Account is a multi-step process. Here's what you can expect:

1. Submit the Trump Account Election

Begin by creating an account and submitting the official Trump Account Election through the IRS.

Official IRS Trump Account Election Portal:
https://www.irs.gov/trumpaccounts

During the enrollment process, be sure to select the option to participate in the $1,000 Pilot Program if your child is eligible. Simply opening the account does not automatically request the one-time government contribution.

2. Use the Official App if You Prefer

You can also use the official Trump Accounts website and mobile app to help set up and manage your account.

Official Trump Accounts Website:
https://trumpaccounts.gov/?source=govdelivery&utm_source=chatgpt.com

The website includes links to download the app and provides additional information about managing your account after it has been established.

3. Wait for Approval

After submitting your election, the IRS will review your application to confirm eligibility and process your enrollment.

4. Complete the Account Activation Process

Once your enrollment has been approved, the U.S. Treasury Department (or its designated agent) will send additional instructions for completing the account setup.

These instructions typically include identity verification and the steps needed to activate the account. Your Trump Account is not fully established until this activation process is complete.

5. Choose Your Investment

After your account has been activated, you'll select from the eligible investment options available through the program.

6. Receive the $1,000 Contribution (If Eligible)

If you elected to participate in the Pilot Program and your child qualifies, the one-time $1,000 government contribution will be deposited into the account after the enrollment and activation process has been completed.

7. Begin Making Additional Contributions

Once the account is active, parents, grandparents, relatives, friends, employers, and other eligible contributors may begin making additional contributions, subject to the annual contribution limits.