The $1,000 seed deposit is the most attractive part of the new Trump Account (530A account), and eligibility isn't automatic. Only US citizen children born between January 1, 2025 and December 31, 2028 qualify, and parents must file Form 4547 with the Treasury to actually claim it.
The deposit comes from the Treasury, funded through the One Big Beautiful Bill Act signed July 4, 2025. Accounts opened exactly one year later, on July 4, 2026. The Treasury originally planned an automatic deposit but found it wasn't practical, so the paperwork step is now on parents.
Watch the full episode with Christie DuChateau, EA, of BNC Tax and Arielle Tucker of Connected Financial Planning for what US expat parents need to know about eligibility, funding, and opening a Trump Account from abroad.
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