Trump accounts, established under H.R. 1, P.L. 119-21, the law known as the One Big Beautiful Bill Act (OBBBA) under Sec. 530A, are new tax-advantaged savings accounts designed to help families build financial security for minors.
On Dec. 3, 2025, the IRS issued Notice 2025-68 which details the new Trump account under Sec. 530A. The notice includes key insights on the main aspects of Trump accounts, including eligibility, contribution rules, investment restrictions, distribution limitations, reporting requirements, coordination with existing IRA