Treasury Announces Employer Contributions to Trump Accounts, Drawing Corporate Support
August 11, 2026 / Source: U.S. Department of the Treasury
August 11, 2026
WASHINGTON, D.C. — The U.S. Department of the Treasury today announced guidance addressing employer-sponsored programs for contributions to Trump Accounts, including arrangements that allow employees to make pre-tax contributions to the Trump Accounts of their dependents. The guidance also accommodates employers that have committed to, and those that are interested in, contributing directly to an employee’s dependent’s Trump Account by providing flexible and non-restrictive rules.
“Trump Accounts are giving American families a new way to build wealth from day one,” said Treasury Secretary Scott Bessent. “Today, Treasury is publishing guidance that will help families grow Trump Accounts by allowing employers to contribute up to $2,500 tax-free each year for employees’ dependents and giving employees the option to contribute pre-tax dollars directly to those accounts.”
The Working Families Tax Cuts allows employees to make pre-tax contributions through an employer cafeteria plan to their dependents’ Trump Accounts. It also allows certain employer contributions to Trump Accounts to be excluded from an employee’s gross income. Employers may contribute to the Trump Account of an employee’s dependents.
To establish a Trump Account employer contribution program, the employer must:
- Maintain a separate written plan document;
- Follow certification procedures that permit employers to rely on employees’ self-certification of the Trump Account beneficiary’s age and dependent status, but require validation that the account into which the contribution will be made is a Trump Account;
- Provide notices to employees;
- Provide annual statements to employees; and
- Provide reporting to the Trump Account trustee.
Thus far, over 50 companies have already committed to Trump Account contributions for their employees. This means even children who are not eligible for the initial $1,000 contribution from Treasury can still receive tax-free money into their Trump Accounts. Together, these options give small and large businesses a new, low-cost, tax-preferred benefit they can use to help employees build wealth for their families, attract and retain workers, and strengthen Main Street over the long term.
“This guidance will provide a framework for businesses establishing a Trump Account employer contribution program, a new benefit for American working families,” said IRS Chief Executive Officer Frank J. Bisignano. “We have worked with more than 50 of the largest employers in the country to prepare them for Trump Accounts and are proud to share their outlook on this new option.”