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Trump Savings Account

The Trump Accounts were established as part of the OBBB legislation, which was signed into law in 2025. These accounts are set to take effect in July 2026 and are designed to provide children with a valuable financial foundation as they reach legal adulthood.  While the basic structure and benefits of the Trump Accounts have been outlined, there are still important questions that need to be addressed regarding the details and implementation of the program.

Upcoming
DATE

Tuesday, May 19, 2026
11:00 am - 12:00 pm

INSTRUCTOR

Patrice Konarik

FORMAT

Webinar

$299.00 or 1 Token

Includes: Live Access, 30 Days OnDemand Playback, Presenter Materials and Handouts

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  • Private Banker
  • Training Manager
  • Trust Officer

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As part of a pilot program, certain eligible children will receive an initial $1,000 contribution from the U.S. Treasury to help fund their Trump Accounts. In addition to the Treasury’s pilot contribution, parents and other individuals may make additional contributions to a child’s Trump Account. These contributions are subject to an annual cap of $5,000 per year for each child, and may continue until the child reaches the year of their 17th birthday.

The recently released Proposed Regulations concerning Trump Accounts have raised important questions, as there remain discrepancies between what has been communicated and what is actually written in the rules. To address these uncertainties, a 60-minute webinar will be held to provide clarity and guidance for those interested in the Trump Account program.

What You'll Learn

  • Definition of ‘Eligible Child’: The webinar will cover the criteria that determine which children can participate in the Trump Account program.
  • Account Setup: Guidance will be provided on who is authorized to establish a Trump Account on behalf of an eligible child.
  • Trustee or Custodian Selection: The session will explain who may serve as the trustee or custodian for the Trump Accounts.
  • Permissible Investments: The discussion will outline what types of investments are permitted within the Trump Accounts.
  • Contribution Rules: Participants will learn who can make contributions to the account and the applicable limits.
  • Access to Funds: The webinar will clarify when the child can access the funds held in the Trump Account.
  • Tax Consequences: The tax implications at the time the child gains access to the funds will also be addressed.

Who Should Attend

Any bank with an Investment Department or an Investment Company would benefit from learning the rules and regulations of Trump Accounts.  While it does not appear at this time the retail banks will be able to offer Trump Accounts at this time, that could change in the future and your clients will be asking questions regarding Trump Accounts as it gets closer to the implementation date of July 2026.

Patrice Konarik

Instructor Bio

Patrice M Konarik is president of Sunwest Training Corp founded almost 30 years ago and located in the Texas Hill Country near San Antonio. With over 40 years of experience in the financial industry, Patrice has focused her expertise on the retirement account area. After 28 years on the road providing live training nationwide, she now concentrates on providing informational IRA and HSA webinars through OnCourse Learning. She has a B.S. in Management Science from New York’s Binghamton University and previously held her Certified Financial Planner designation for 23 years.

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