§ 1.530A-1T Trump — 26 C.F.R. Part 1

(a) Overview. This section provides rules regarding the general requirements for Trump accounts, the establishment of an initial Trump account, auto enrollment, and auto accounts. Paragraph (b) of this section provides definitions related to Trump accounts. Paragraph (c) of this section provides general requirements for Trump accounts, including rules on initial Trump accounts and the written governing instrument. Paragraph (d) of this section provides rules for the establishment of an initial Trump account, including auto enrollment by the Secretary of the Treasury or the Secretary's delegate. Paragraph (e) of this section provides rules for auto accounts. Paragraph (f) of this section provides rules for claiming auto accounts. Paragraph (g) of this section provides the applicability and expiration dates of this section.

(b) Definitions. For purposes of section 530A and the regulations thereunder, the following definitions apply—

(1) Account beneficiary. The term account beneficiary means the individual for whose benefit a Trump account was established.

(2) Eligible individual. The term eligible individual means any individual—

(i) Who has not attained age 18 before the end of the calendar year in which an election under paragraph (d) of this section is made;

(ii) For whom a social security number, within the meaning of section 24(h)(7), has been issued before the date on which an election under paragraph (d) of this section is made; and

(iii) For whom an election is made under paragraph (d) of this section.

(3) Growth period. The term growth period means, with respect to an account beneficiary, the period that begins when the initial Trump account under paragraph (b)(5)(i) or (ii) of this section is established and ends on December 31 of the calendar year in which the account beneficiary attains age 17. For example, a child born on October 1, 2025, would attain age 17 on October 1, 2042, and therefore the last day of the growth period with respect to the child would be December 31, 2042.

(4) IRA. The term IRA means an individual retirement account under section 408(a) and includes a custodial account that is treated as a trust pursuant to section 408(h). Accordingly, solely for purposes of section 530A and the regulations thereunder, the term IRA does not include an individual retirement annuity under section 408(b).

(5) Initial Trump account. The term initial Trump account means a Trump account created or organized by the Secretary pursuant to section 530A(b)(1)(A)(i) and maintained by a trustee selected by the Secretary pursuant to section 530A(g). An initial Trump account includes—

(i) An initial Trump account established pursuant to an election made by a person other than the Secretary (such as by using Form 4547, Trump Account Election(s), or successor form prescribed by the Secretary, or through an electronic application or web page made available by the Secretary) as described in paragraph (d)(1)(ii) of this section;

(ii) An auto account, which is an initial Trump account created or organized by the Secretary as described in paragraph (d)(2) of this section and maintained by a trustee selected by the Secretary pursuant to section 530A(g). An auto account does not include an initial Trump account established pursuant to an election that the Secretary is deemed to have made as described in paragraph (d)(1)(iii) of this section if the account was established before auto enrollment began (as described in paragraph (d)(2)(i) of this section); and

(iii) A claimed initial Trump account, which is an initial Trump account created or organized by the Secretary to receive a qualified rollover contribution from an auto account as described in paragraph (f) of this section and maintained by a trustee selected by the Secretary pursuant to section 530A(g).

(6) Master group trust. The term master group trust means a trust that the Secretary establishes for the exclusive benefit of account beneficiaries of auto accounts for the purpose of holding investments of those auto accounts and that meets the applicable requirements of Revenue Ruling 81-100, 1981-1 C.B. 326, as modified from time to time, and is exempt from taxation under section 408(e).

(7) Qualified ABLE rollover contribution. The term qualified ABLE rollover contribution means a trustee-to-trustee transfer of the entire balance of a Trump account, made during the calendar year in which an account beneficiary attains age 17 to an ABLE account of that account beneficiary.

(8) Qualified general contribution. The term qualified general contribution is defined in section 530A(f) and § 1.530A-7T(b)(6).

(9) Qualified rollover contribution. The term qualified rollover contribution means a direct trustee-to-trustee transfer of an account beneficiary's entire Trump account balance to a Trump account for the same account beneficiary. A qualified rollover contribution may be either—

(i) A transfer from an auto account to a claimed initial Trump account; or

(ii) A transfer from any Trump account to a rollover Trump account.

(10) Qualified stock contribution. The term qualified stock contribution is defined in § 1.530A-7T(b)(9).

(11) Responsible party. The term responsible party means the person who is authorized under the terms of the written governing instrument for a Trump account to act on behalf of the account beneficiary. A person's status as a responsible party under the written governing instrument does not, by itself, establish that the person is entitled under section 6103 to inspect or receive the account beneficiary's returns or return information.

(12) Rollover Trump account. The term rollover Trump account means a Trump account that is not an initial Trump account but is created or organized in the United States and established for the account beneficiary during his or her growth period pursuant to section 530A(b)(1)(A)(ii). A rollover Trump account must first be funded by a qualified rollover contribution from the account beneficiary's existing Trump account before receiving any other contribution. However, see paragraph (f)(3) of this section for a special rule regarding a qualified rollover contribution from an unfunded auto account. An individual may have only one Trump account containing funds at a time.

(13) Secretary. The term Secretary means the Secretary of the Treasury or the Secretary's delegate.

(14) Traditional IRA. The term traditional IRA means an IRA that is not a Roth IRA under section 408A.

(15) Trump account. The term Trump account means an account described in paragraph (c) of this section.

(c) Trump accounts—(1) In general. A Trump account is a type of traditional IRA described in section 530A(b)(1) for the exclusive benefit of an eligible individual and, after the death of the individual, his or her beneficiaries. A Trump account is subject to the same rules as other traditional IRAs, except as provided by section 530A or the regulations thereunder. For example, a Trump account is exempt from tax under section 408(e)(1) and subject to the prohibited transaction restrictions of section 408(e)(2). A Trump account can be either an initial Trump account or a rollover Trump account.

(2) Written governing instrument—(i) In general. Except as provided in this paragraph (c)(2) or in guidance published in the Internal Revenue Bulletin, the written governing instrument establishing a Trump account must meet the requirements of section 408(a)(1) through (6), which apply to other IRAs, as well as the requirements of section 530A(b)(1)(C)(i) through (iii), which apply only to Trump accounts. The written governing instrument generally must reflect both the rules that apply during the growth period and the rules that apply after the growth period.

(ii) Designation as a Trump account. The written governing instrument establishing a Trump account must clearly designate the account as a Trump account at the time of establishment. Accordingly, an existing account (such as an IRA that is not a Trump account) cannot be amended to become a Trump account. In addition, a Trump account must be titled to clearly identify the account as a Trump account for the benefit of the account beneficiary.

(iii) Growth period. With respect to the growth period, a written governing instrument establishing a Trump account must generally restrict the timing and annual amount of contributions to the Trump account in accordance with section 530A(b)(1)(C)(i) (and prohibit contributions under a Simplified Employee Pension (SEP) arrangement under section 408(k) or a Savings Incentive Match Plan for Employees (SIMPLE) IRA plan under section 408(p) in accordance with section 530A(h)(1)), prohibit distributions from the Trump account in accordance with section 530A(b)(1)(C)(ii), and require that the funds in the Trump account be invested only in an eligible investment in accordance with section 530A(b)(1)(C)(iii), as applied under § 1.530A-7T(d). Additionally, with respect to the growth period, the written governing instrument establishing a Trump account must meet the requirements of section 408(a)(1) through (6), except that a Trump account satisfies the cash contribution requirement in section 408(a)(1) if the written governing instrument establishing the Trump account meets the requirement that, except in the case of a qualified rollover contribution, no contribution will be accepted unless it is in cash or is qualified stock received in a qualified stock contribution described in § 1.530A-7T(d).

(iv) Post growth period. With respect to the period after the growth period, a written governing instrument establishing a Trump account must meet the requirements of section 408(a)(1) through (6), except that the section 530A(h)(1) prohibition against a Trump account receiving contributions under a SEP arrangement under section 408(k) or a SIMPLE IRA plan under section 408(p) continues to apply to a Trump account after the growth period.

(3) Automatic approval for certain nonbank trustees. Any person approved by the IRS as of December 31, 2025, to be a nonbank trustee of an IRA is automatically approved to be a nonbank trustee of a Trump account.

(4) Differences from other traditional IRAs—(i) During the growth period. During the growth period, there are special rules for Trump accounts with respect to—

(A) Contributions (see section 530A(c));

(B) Investments (see section 530A(b)(3));

(D) Reporting (see section 530A(i));

(E) Coordination with IRA rules (see section 530A(h)); and

(F) Qualified general contributions (see section 530A(f)).

(ii) After the growth period. After the growth period (that is, starting January 1 of the year in which the account beneficiary attains age 18), the rules under section 408 that apply to other traditional IRAs are generally applicable to Trump accounts, except as provided in section 530A(h).

(5) Application of the birthday rule. For purposes of section 530A, an individual attains an age on his or her birthday. For example, a child who is born on January 1, 2009, attains age 18 on January 1, 2027.

(6) Closing a Trump account. A funded Trump account may not be closed during the growth period unless all funds in the account have first been distributed in a distribution permitted under section 530A(b)(1)(C)(ii). After the growth period, the distribution restrictions under section 530A(b)(1)(C)(ii) do not apply. Additionally, after the growth period, an unfunded Trump account that is not an auto account may be closed by the trustee if provided by the terms of the written governing instrument. See paragraph (e)(4) of this section for a trustee closing an unfunded auto account at the end of the growth period or upon death of the account beneficiary.

(d) Establishment of initial Trump accounts; auto enrollment—(1) Methods to establish an initial Trump account—(i) Election by the Secretary to establish an auto account. Pursuant to section 530A(b)(2)(C)(i), the Secretary may make an election to establish an auto account, if the Secretary determines, based on information available to the Secretary, that the individual for whom the account is to be established has met the requirements of paragraphs (b)(2)(i) and (ii) of this section to be an eligible individual, and no prior election has been made under paragraph (d)(1)(ii) of this section.

(ii) Election by a person other than the Secretary to establish an initial Trump account. Pursuant to section 530A(b)(2)(C)(ii), a person other than the Secretary may elect to establish an initial Trump account, as defined in paragraph (b)(5)(i) of this section, for an individual who has met the requirements of paragraphs (b)(2)(i) and (ii) of this section to be an eligible individual if the person files a completed Form 4547, Trump Account Election(s), or successor form prescribed by the Secretary, or otherwise provides required information through an electronic application or web page made available by the Secretary, in accordance with applicable instructions, and no prior election to establish an initial Trump account has been made for such individual by another person or the Secretary. Once the election is made, such election is irrevocable.

(iii) Deemed election. If an initial Trump account was established pursuant to an election under paragraph (d)(1)(ii) of this section, but the election was made by an individual who, under the applicable instructions, was not authorized to make the election at the time that the election was made, then the Secretary is deemed to have made the election to establish the initial Trump account pursuant to section 530A(b)(2)(C)(i) and the Trump account that was already established will not cease to be a Trump account. This deemed-election rule concerns the validity of the Trump account and does not itself establish that the person who submitted the original election was entitled under section 6103 to receive the account beneficiary's return information or was authorized to execute a consent to disclosure on the beneficiary's behalf.

(iv) Establishment of a claimed initial Trump account. A person may irrevocably claim an auto account pursuant to paragraph (f) of this section and the account may be activated pursuant to paragraph (d)(3) of this section. One way to claim an auto account is by establishing a claimed initial Trump account (which is a separate account from the auto account) and having the funds in the auto account transferred to the claimed initial Trump account. See paragraph (f) of this section for other ways to claim an auto account.

(2) Auto enrollment; establishment of an auto account—(i) In general. On or about October 1, 2026, the Secretary shall make an election under paragraph (d)(1)(i) of this section to establish an auto account for each individual who the Secretary has determined has met the requirements of paragraphs (b)(2)(i) and (ii) of this section to be an eligible individual, and for whom no prior election has been made under paragraph (d)(1)(ii) of this section. An auto account shall be established for each such individual. Thereafter, the Secretary shall make subsequent periodic elections under paragraph (d)(1)(i) of this section to establish auto accounts for individuals who the Secretary determines meet the requirements of paragraphs (b)(2)(i) and (ii) of this section to be an eligible individual and for whom no prior election has been made under paragraph (d)(1)(ii) of this section, and shall establish auto accounts for eligible individuals for whom a Trump account has not been established.

(ii) Account established after auto enrollment has begun. Any initial Trump account established after auto enrollment has begun pursuant to an election under paragraph (d)(1)(i), (ii), or (iii) of this section is an auto account, regardless of whether the election was made before, on, or after October 1, 2026. If an election under paragraph (d)(1)(ii) of this section was made before October 1, 2026, but an initial Trump account was not established pursuant to that election on or before September 30, 2026 (for example, because the account agreement was not signed and thus the account was not activated, as described in paragraph (d)(3) of this section), an auto account shall be established pursuant to that election.

(3) Account activation is required to establish the initial Trump account. An election under paragraph (d)(1)(ii) of this section (for example, using Form 4547) does not by itself establish an initial Trump account (and contributions cannot be made until the account is established). To establish an initial Trump account that is not an auto account, the account must be activated (which includes signing the account agreement for the initial Trump account), pursuant to instructions from the trustee, after the election is made. For any auto account, the Secretary (as the responsible party) is deemed to have activated the account. Making a claim with respect to an auto account pursuant to paragraph (f) of this section (for example, using the electronic app) also does not by itself establish a claimed initial Trump account (and the qualified rollover contribution from the auto account or other contributions cannot be made until the claimed initial Trump account is established). To establish a claimed initial Trump account, the account must be activated (pursuant to instructions from the trustee) after the claim is made, as described in paragraphs (d)(1)(iv) and (f)(2) of this section.

(e) Administration of auto accounts—(1) Responsible party. The Secretary is the responsible party for an auto account.

(2) Contributions. During the growth period, an auto account may only accept qualified general contributions under section 530A(f) and a $1,000 pilot program contribution, if a pilot program election has been made by a pilot program-electing individual pursuant to section 6434. After the growth period, the auto account generally may not accept contributions.

(3) Investment—(i) In general. An auto account's sole investment must be its equitable interest in the master group trust, and the written governing instrument for the auto account must provide that the account adopts the provisions of the master group trust. The master group trust may hold only eligible investments described in section 530A(b)(3), cash to the extent permitted under section 530A(b)(1)(C)(iii), and qualified stock contributed pursuant to a qualified stock contribution described in § 1.530A-7T(d), including successor qualified stock. With respect to the eligible investment requirement under section 530A(b)(1)(C)(iii), each auto account's interest in the master group trust consists of its undivided proportionate beneficial interest in those investments of the master group trust that are attributable to contributions allocated to qualified classes of which the account beneficiary was a member and any $1,000 pilot program contribution (if a pilot program election has been made by a pilot program-electing individual pursuant to section 6434) made to that account.

(ii) End of the minimum holding period for qualified stock. The trustee of the master group trust must sell any qualified stock as described in § 1.530A-7T(d) within a reasonable period of time after the end of the minimum holding period applicable to the auto account's interest in that stock (as described in § 1.530A-7T(d)(3)). The proceeds of such sale must be promptly invested in an eligible investment, as described in section 530A(b)(3), pursuant to the requirement of section 530A(b)(1)(C)(iii). An investment under this paragraph (e)(3)(ii) will be considered prompt if it occurs within 30 calendar days after the sale of the qualified stock.

(4) Closing an auto account. When an auto account is claimed pursuant to paragraph (f) of this section, the trustee will close the auto account as soon as practicable after a claim and transfer of all account funds described in paragraph (f) of this section has been completed. At the end of the growth period of the account beneficiary or, if earlier, when the trustee has knowledge of the death of the account beneficiary, an unfunded auto account will be closed by the trustee as soon as practicable thereafter.

(5) Death of account beneficiary of a funded auto account during growth period. The account beneficiary's estate is the beneficiary of the account beneficiary's auto account. If an account beneficiary dies during the growth period before the account beneficiary's funded auto account has been claimed pursuant to paragraph (f) of this section, the account will cease to be a Trump account on the day that the account beneficiary dies but will remain an IRA, which may be claimed pursuant to paragraph (f) of this section. However, if the auto account is unfunded when the account beneficiary dies, the account will be closed pursuant to paragraph (e)(4) of this section.

(f) Claiming an auto account—(1) In general. A guardian or legal custodian having authority under applicable law to manage the account beneficiary's property or financial affairs or the account beneficiary, if the account beneficiary has legal capacity, may file a claim for an auto account by providing required information through an electronic application or web page made available by the Secretary, in accordance with applicable instructions. A guardian or legal custodian making the claim must authenticate their identity and establish entitlement to the account beneficiary's return information to inspect or receive the account beneficiary's return information. The guardian or legal custodian must also execute any consent required under section 6103(c) for disclosures necessary to process the claim and transfer the account balance. During the growth period, claiming an auto account results in the entire balance of the auto account being transferred in a qualified rollover contribution either to a claimed initial Trump account with a trustee selected by the Secretary pursuant to section 530A(g) or to a rollover Trump account with a trustee other than a trustee selected by the Secretary pursuant to section 530A(g) that has been established for the account beneficiary. The qualified rollover contribution will only occur once the receiving account is established (which, in the case of a claimed initial Trump account, will require activation of the account for the account to be established, see paragraph (d)(3) of this section). After the growth period, claiming an auto account results in the entire balance of the auto account being transferred into an IRA that is not a Trump account that has been established for the account beneficiary.

(2) Activation of claimed initial Trump account if there are multiple claims. Until there has been a transfer of funds from the auto account into a receiving account, another claim may be filed under paragraph (f)(1) of this section. If multiple claims are filed under paragraph (f)(1) of this section with respect to an auto account, the responsible party for the claimed initial Trump account will be the first person who is authorized under paragraph (f)(1) of this section to claim the auto account and activates the receiving account (see paragraph (d)(3) of this section).

(3) Claiming an unfunded auto account. If an unfunded auto account is claimed pursuant to paragraph (f)(1) of this section, a claimed initial Trump account or rollover Trump account may be created and treated as being first funded by a qualified rollover contribution from the auto account for purposes of section 530A(b)(1)(A)(ii)(II).

(4) Responsible party. In general, if a guardian or legal custodian having authority under applicable law to manage the account beneficiary's property or financial affairs makes a claim for the auto account, that person will be the initial responsible party of the claimed initial Trump account or rollover Trump account that receives the qualified rollover contribution from the auto account when the account is established.

(5) Death of account beneficiary. If the account beneficiary dies before the auto account has been claimed, a person authorized under applicable law to act with respect to the account beneficiary's estate or property may claim the funds in the account through an electronic application or web page made available by the Secretary, in accordance with applicable instructions, provided that the person also establishes entitlement under section 6103(e)(3) and (e)(7), or other applicable authority, to receive the decedent's return information.

(g) Applicability and expiration dates. This section applies to taxable years beginning on or after January 1, 2026. This section expires on September 30, 2029.

[T.D. 10056, 91 FR 61721, Sept. 30, 2026]