Your money, explained simply.
A friendly introduction to saving, investing, and this federal program. Explore it with a parent or guardian, who can help check the full requirements.
Reviewed October 8, 2026. Based on the IRS program overview and Notice 2025-68.
What is this account?
It is a special investment account for eligible children, officially called a Trump Account. An adult helps set it up and manage it while you are young. Instead of holding only cash, it invests in funds that own small pieces of many companies.
The idea is to give money time to grow. But investing is different from a piggy bank: the balance can go down as well as up.
Where does the money come from?
Family members and other people can contribute, and some employers offer a benefit too. During the special childhood period, these contributions generally share a $5,000 yearly limit for each child.
Some children qualify for a one-time $1,000 federal deposit. The rules include U.S. citizenship and a birthday in 2025–2028, and an eligible adult must request it. That deposit and certain qualifying group contribution programs are separate from the ordinary limit.
What does the account invest in?
During the childhood period, the account uses eligible, low-cost funds that follow groups of mostly U.S. companies. This is called index investing. It spreads money across companies rather than choosing one stock.
Spreading investments does not remove risk. Companies and markets can have difficult years, and the account can lose money. Fund fees and expenses are limited to 0.10% a year.
Can I spend the money now?
Usually, no. Ordinary withdrawals are not allowed during the growth period, which ends before the calendar year you turn 18. There are only a few special exceptions.
Think of the account as money for the longer term, not money for a purchase today. Ask a parent or guardian to help you understand the rules.
What changes as I become an adult?
Starting January 1 of the year you turn 18, most ordinary traditional IRA rules apply. An IRA is a type of retirement account.
That does not mean every withdrawal is free of tax. Taking money out can create income tax and an extra early-withdrawal tax. Some education or first-home expenses may qualify for an exception to the extra tax. A qualified professional can help explain the details.
What can I learn right now?
Ask a parent or guardian to explain saving, investing, risk, and compound growth. Compound growth means a return can earn returns of its own over time, though real investment results are never guaranteed.
You do not need to share your name, account details, or other personal information with Future Funds to use this guide. If you have a question, ask an adult to help you explore the official resources.