|
Speaker, author, teacher, consultant: I teach/consult to financial, tax, and legal professionals about the tax laws that govern IRAs and employer plans
Trump Accounts: Technical Resources for Financial Professionals
Trump Accounts under IRC §530A introduce an entirely new category of child-focused, tax-favored accounts with unique eligibility, contribution, distribution, and compliance rules. Because these accounts operate differently from traditional IRAs and 529 plans—particularly during the growth period—precision matters.
This page provides structured, technically grounded resources to help financial advisors, CPAs, attorneys, custodians, and plan professionals navigate these rules with confidence.
Available Resources
- Trump Accounts: Advisor Quick Reference Guide: A concise, technical guide covering eligibility, elections, pilot contributions, employer §128 contributions, growth-period restrictions, post-growth IRA coordination, penalties, reporting, and 529 comparisons. Updated under IRS Notice 2025-68.
- Trump Account Advisor Checklists™: A practical implementation companion to the Guide. These structured verification tools walk through account setup, contribution limits, growth-period distribution controls, excess corrections, trustee reporting, IRA coordination, and estate planning integration. Designed to reduce operational risk and compliance errors.
- Top 10 Questions Clients Ask: A technical reference tool summarizing common client questions with advisor-level analysis under IRC §530A and Notice 2025-68. Ideal for preparing client conversations and internal training.
- Client-Facing Letter Template: A ready-to-customize letter introducing Trump Accounts to families, explaining key features such as the $1,000 Pilot Contribution, annual limits, employer contributions, and the transition to traditional IRA treatment at age 18.
- On-Demand Technical Webinar (Leimberg Services): A detailed technical presentation addressing statutory mechanics, operational expectations under Notice 2025-68, and planning implications.
Active Leimberg membership is required for access. Non-members may purchase the webinar directly through Leimberg Services.
These materials are designed to work together:
-
The Quick Reference Guide provides statutory and regulatory analysis.
-
The Checklists translate law into execution steps.
-
The Top 10 Questions prepares you for client communication.
-
The Webinar provides deeper technical walkthrough and planning context.
As additional guidance is issued, updates will be incorporated into future editions.