Exciting Opportunity: New Investment Accounts for Your Child's Future

Dear Families,

From time to time, we learn of something we think it is important to pass on to you. The new Trump Accounts for minors is one of these. They're a powerful way to build generational wealth through smart saving and investing. This is a new tool passed by Congress in the Big Beautiful Bill that will go into effect this coming summer. They offer seed funding and contribution options that can grow significantly over time thanks to the miracle of compound interest. Imagine a modest $1,000 or $250 investment compounding annually at market rates—over 18 years, it could multiply many times over, turning small seeds into substantial blessings for education, homeownership, or starting a family or your child’s future retirement. Imagine if someone had started an account that was growing for you in the stock market since you were born! Compound interest works like the parable of the talents: faithful management of little leads to much, rewarding patience and diligence.

Key highlights:

- Newborns born 2025-2028 get a $1,000 government seed that compounds until they're 18, at which time the account becomes theirs.

- Kids age 10 and under born BEFORE 2025 get $250 from Michael and Susan Dell's private donation (not government money) if they live in ZIP codes where the median income is below $150,000.

- Kids 11+ may qualify for the Dell $250 if funds remain after initial sign-ups.

- Kids who get the $1,000 government seed are NOT eligible for the Dell $250.

- ANY child under 18 can have a Trump Account opened for them, but only kids born 2025-2028 get the government seed.

- Parents, grandparents, relatives, friends, employers, and charities can all contribute to the accounts along the way.

- Individuals can contribute up to $5,000/year total per child (this includes up to $2,500 from employers through cafeteria plans). 

- Charitable contributions (like the Dell's $250 or any other non-profit) don't count toward the $5,000 limit.

- To register and get the $1,000 government seed, you need to fill out IRS Form 4547.

- The form can be filed with your 2025 tax return, or online at https://t.co/KZamLw6EAP starting mid-2026.

- If you have a newborn born in 2025-2028, check box III on Form 4547 to claim the pilot program contribution.

- Accounts go live July 5, 2026. The $1,000 seed gets deposited then and is automatically invested in low-cost U.S. stock index funds.

- No withdrawals allowed until age 18, then normal IRA rules apply.

- BONUS STRATEGY: Convert the account to a Roth IRA when your child turns 18. They'll likely be in a very low tax bracket, so you pay minimal taxes now for decades of tax-free growth.

We encourage all eligible families to prayerfully consider opening a Trump Account—it's a simple step toward securing your child's financial independence. Visit www.trumpaccounts.gov  for more details.

Together in Christ,

Legacy Academy