The One Big Beautiful Bill Act (OBBBA) established Trump Accounts, a new federal, tax-advantaged investment account for children under age 18. The program provides a government seed contribution for certain children born between January 1, 2025, and December 31, 2028, along with the ability for families and employers to make additional contributions, subject to annual limits. The Treasury Department and IRS have issued initial implementation guidance (Notice 2025-68) and announced forthcoming regulations, prompting growing client interest. In this webinar, we will cover how Trump Accounts operate, eligibility requirements, current contribution and distribution rules, and the steps needed to register eligible children for the pilot program. We will emphasize practical client guidance and compliance considerations, including which families may benefit most, how to coordinate contributions with employers or philanthropic organizations, required record keeping, and key issues to monitor as final regulations are released. Learning Objectives: • Identify eligibility requirements for Trump Accounts, including qualification for the federal seed contribution and pilot program registration requirements • Apply current contribution and distribution rules, including annual limits, permissible funding sources, and coordination of family, employer, and philanthropic contributions • Analyze the tax treatment of contributions, earnings, and distributions under IRS Notice 2025-68 • Compare Trump Accounts with other child-savings vehicles, including 529 plans, UTMA/UGMA accounts, and traditional or Roth IRAs for working minors. Opinions expressed by Mr. Reynolds are solely his own and do not necessarily express the views or opinions of TaxAct Professional.