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Tax

Jan. 7, 2026

IRS signals Trump Account regulations with legal guidance underway

The IRS's new Trump Accounts could reshape early-life investing, offering families a flexible, long-term savings tool that blends retirement-style benefits with child-focused incentives.

Phil Jelsma

Partner and Chair of the Tax Practice Team
Crosbie Gliner Schiffman Southard & Swanson LLC (CGS3)

Email: pjelsma@cgs3.com

Phil is chair of the tax practice team at CGS3. He is recognized as a leading joint venture and tax attorney, with a 30-year background in real estate exchange transactions, syndications, nonprofit corporations and international tax planning.

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IRS signals Trump Account regulations with legal guidance underway
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Last month, the Internal Revenue Service (IRS) released Notice 2025-68, outlining proposed regulations for a new savings vehicle known as Trump Accounts. These accounts were created under the One Big Beautiful Bill Act and are designed to encourage long-term wealth-building for children and young adults through early and sustained investment.

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