Guidance on Eligible Investments for Trump Accounts
Key claim: The IRS is proposing rules that would limit Trump account funds to specified eligible investments until the calendar year the beneficiary turns 18.
Abstract
(Proposed Rule · Treasury Department, Internal Revenue Service) This document contains proposed regulations relating to Trump accounts. The proposed regulations would provide guidance regarding eligible investments, which are the only assets in which Trump account funds may be invested before the first day of the calendar year in which the account beneficiary attains age 18. The proposed regulations would affect account beneficiaries and trustees of Trump accounts.
Why this matters
Restricting Trump Account holdings to specified eligible investments until age 18 shapes how this new tax-advantaged vehicle functions in practice, affecting families, custodians, and financial institutions offering the accounts. The investment-eligibility guardrails determine risk exposure and industry participation, and set a baseline framework that Treasury and Congress may adjust as the program matures.