IRS grants gift-tax relief for Trump Account contributions
Guidance from the IRS and Treasury says contributions to Trump Accounts are not subject to gift tax reporting under the safe harbor, allowing up to $5,000 a year in after-tax dollars per recipient and counting toward the 2026 $19,000 annual exclusion; 530A accounts for under-18s also feature a $1,000 pilot program for newborns 2025–2028, with over 6 million children already enrolled.