The IRS has issued a notice of proposed rulemaking on the Trump accounts contribution pilot program, under which the Trump accounts of eligible children can receive $1,000 pilot program contributions. Eligible children must be U.S. citizens with valid Social Security numbers born in 2025 through 2028. The proposed regulations would provide guidance on making an election for the Trump account of an eligible child to receive the pilot program contribution. [REG-117002-25, RIN 1545-BS00, 91 FR 11203, 26 CFR Part 301 (March 9, 2026)]
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