● Updated July 2026 · §530A + Dell Foundation gift
Two free deposits, two birth windows — and no child gets both. Born 2025–2028: the $1,000 federal seed. Born 2016–2024: possibly $250 from the Dell Foundation, depending on your ZIP code. No free deposit? Parents can still open a Trump Account for any child under 18. Here's where your child lands.
Dell gift · born 2016–2024
The Michael & Susan Dell Foundation's $250 gift goes to children born 2016–2024 who live in ZIP codes with a median household income of $150,000 or less. Enter yours to check against Census income data.
Income figures are Census ACS 2020–2024 estimates (table B19013). The foundation's own list may differ, so treat a result as an indication — not a guarantee. The check runs entirely in your browser; your ZIP is never sent to us.
Updated July 2026 · Independent & educational — not affiliated with the IRS, the U.S. Treasury, or the Michael & Susan Dell Foundation.
No application, no claim form
Neither free deposit is something you apply for separately. In both cases, setting up the child's account is what triggers the money.
A parent makes the one-time election through trumpaccounts.gov or IRS Form 4547. The Treasury then deposits the $1,000 into the child's account — nothing further to claim.
If the child qualifies (born 2016–2024, qualifying ZIP), the foundation's $250 is expected to be deposited automatically once a Trump Account exists. Opening the account is the only step.
What to do with your answer
The $1,000 is locked in once you enroll. The bigger variable is everything after — market growth, your contributions, and the age-18 Roth decision.
Project the seed's growth → What to do after the seed →$250 at age five still has sixty-plus years of compounding ahead of it. See what it becomes — and whether adding even $25 a month changes the story.
See what $250 + contributions become →Outside both windows, or in a ZIP that doesn't qualify? A Trump Account still works — up to $5,000 a year into index funds — but compare it against a custodial account or a 529 first.
Trump Account vs. 529 vs. custodial →The fine print, in plain English
The Treasury makes a one-time $1,000 deposit for every qualifying child: a U.S. citizen born January 1, 2025 through December 31, 2028 with a valid Social Security number. There is no family income limit and no means test. The deposit isn't sent on its own — a parent or guardian first makes an election through IRS Form 4547 or trumpaccounts.gov, and the Treasury deposits the seed after enrollment.
The Michael & Susan Dell Foundation pledged $6.25 billion to cover children who just miss the federal window: $250 apiece for kids born 2016–2024 (under age 10, born before January 1, 2025). One extra condition applies — the child must live in a ZIP code with a median household income of $150,000 or less. Use the checker above for a first read on your ZIP; the foundation's own list governs.
A child gets either the $1,000 seed or the $250 gift, never both. The birth windows make this automatic: 2025 or later means the seed, 2024 or earlier means the gift.
The dividing line is midnight, New Year's Eve 2024. Born December 31, 2024: no $1,000 seed, but the $250 Dell gift applies in a qualifying ZIP. Born January 1, 2025: the full $1,000 seed, and no Dell gift. No proration and no exceptions have been announced on either side of the line.
Any child who is under 18 at the end of the calendar year the account is opened and has a Social Security number can have a Trump Account — born 2010, born 2029, doesn't matter. They simply receive no free deposit. The account otherwise works identically: up to $5,000 a year in combined contributions, invested in low-cost U.S. index funds, growing tax-deferred until at least 18.
Plain answers
Updated July 2026. Independent and educational — not affiliated with, endorsed by, or operated by the IRS, the U.S. Department of the Treasury, the Michael & Susan Dell Foundation, or any government agency. Nothing here is tax, financial, or legal advice.