New temporary IRS regs address auto enrollment and contributions to Section 530A (or Trump) accounts. On or around Oct. 1, 2026, the U.S. Treasury Dept. will automatically establish accounts for eligible children with Social Security numbers who don’t have one. Parents or guardians must still claim the account before making deposits or receiving employer contributions and request the $1,000 government-funded deposit if the child is eligible. Eligible donors can make qualified general contributions to approved classes and may contribute certain U.S. publicly traded stock. Rules apply to tax years beginning on or after Jan. 1, 2026, and expire on Sept. 30, 2029. Contact us with questions.
