# Trump Accounts Near 70 Million as Stock Rules Enable Potential Gifts

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/28322
Published: 2026-10-08T16:43:24.000Z
Updated: 2026-10-08T16:43:24.000Z
Section: Regulation

> More than 10 million accounts had been funded with $4.5 billion as of Oct. 7, while new rules allow eligible donors to contribute publicly traded stock.

The administration has put the number of Trump Accounts created at nearly 70 million, while new rules allow eligible donors to contribute publicly traded stock directly to the children’s investment accounts.

More than 60 million accounts were created through automatic enrollment in October, but the figure does not establish how many accounts have been claimed, activated or funded. The administration has also not confirmed new private gifts beyond previously announced commitments.

Internal Revenue Service (IRS) CEO Frank Bisignano said more than 10 million accounts had been funded with $4.5 billion as of the Oct. 7 White House event. He projected that more than 25 million accounts would be funded with $7 billion by the weekend.

Bisignano said Oct. 8 that potential donors ranged from small contributors to those in the nine-digit range.

“They range from small to mega. We do have mega donors in the nine-digit range, you know, bunches of them,” Bisignano said.

The administration has not identified those potential donors or disclosed the value, timing or recipients of any potential gifts.

Trump Accounts, also known as 530A accounts, are individual retirement accounts for U.S. children under 18 who have Social Security numbers. They generally invest in low-cost funds tracking qualified indexes, including the S&P 500, and ordinary contributions are capped at $5,000 a year.

Children born from 2025 through 2028 may receive a one-time $1,000 Treasury contribution. Special rules apply during a growth period ending Dec. 31 of the year the beneficiary turns 17.

Temporary regulations effective Sept. 30 allow eligible donors to make qualified stock contributions using publicly traded stock issued by a domestic corporation. The regulations provide that contributed stock is held directly in the account rather than purchased with account funds.

Contributed shares generally cannot be sold until five years after the contribution or until the beneficiary’s growth period ends, whichever comes first. The structure may appeal to founders and major shareholders because contributing appreciated stock may avoid the capital-gains tax that would generally arise if the shares were sold before a cash donation.

The rules also warn that beneficiaries may face greater exposure to individual companies than under a diversified-fund structure.

Treasury Secretary Scott Bessent said July 2 that stock contributions could make it easier for private donors to fund children’s accounts at scale.

Michael and Susan Dell previously committed $6.25 billion to provide $250 grants for 25 million children born from 2016 through 2024 in ZIP codes with median incomes of $118,000 or less.

The temporary stock-contribution rules are scheduled to expire Sept. 30, 2029.