Guide
How do I claim my child’s 530A account?
Last checked October 8, 2026
The short answer
Treasury has already opened an account for every eligible child who did not have one. A parent or guardian claims it in the official Trump Accounts app. Until it is claimed, family and employers cannot add money, and the $1,000 federal deposit is not paid.1
What automatic enrollment did
On October 1, 2026, Treasury announced that every eligible child under 18 with a valid Social Security number now has an account, including more than 60 million children who had not been signed up.1 The change came from temporary regulations published the day before, which let Treasury open accounts without waiting for a parent to ask.2
An unclaimed account is not empty-handed. It can still receive money that charities and governments give through Treasury.2
How to claim
- Download the official Trump Accounts app from the App Store or Google Play. Without a phone or tablet, use the web version at trumpaccount.com.3,4
- Verify your identity and confirm your relationship to the child.3
- Review the child’s information and accept the account terms.3
- If the child qualifies, claim the one-time $1,000 from Treasury in the same process.3 See who gets the $1,000.
Treasury says to rely on trumpaccounts.gov for the latest information and for trusted links to the official app.4
Who can claim
Treasury’s instructions speak of a parent or guardian.1 The regulations describe the person as a guardian or legal custodian who has authority under the law to manage the child’s property.2
What it costs
Treasury says there is no cost to open an account.5
What changes once it is claimed
- You control the account and manage its investments.3
- Family, friends and employers can contribute.3 See the contribution limits.
- The $1,000 federal deposit can be paid, if the child is eligible.1
Is there a deadline?
Treasury’s announcement does not set a deadline for claiming.1 Two dates still matter. Contributions under the childhood rules end on December 31 of the year the child turns 17.2 Under proposed rules, that is also the last day to ask for the $1,000.6
Sources
- U.S. Treasury press release, October 1, 2026: automatic enrollment completed
- Temporary regulations, “Trump Accounts” (Federal Register, September 30, 2026)
- Treasury’s Trump Accounts website, questions and answers (read October 8, 2026)
- U.S. Treasury press release, May 28, 2026: launch of the Trump Accounts app
- U.S. Treasury press release, July 4, 2026: official launch
- Proposed regulations on the $1,000 program (Federal Register, March 9, 2026)
Last checked October 8, 2026. The rules for these accounts are still being written, so check the sources before acting.