Trump Account Calculator 2026 β MAGA Account Growth Projector
Project how much your child's Trump Account (government-seeded savings account) will grow over 18 years. Compare Trump Account vs 529 plan. Includes year-by-year projection table.
Eligible for $1,000 government seed: 2026β2028 births only
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Maximum $5,000/year per child %
US equity index funds: historical ~7% real return Penalty-free access at age 18+
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Contribution phaseout: $200K single / $400K MFJ Quick scenarios:
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Projected Value at Age 18
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Total Contributions + Seed
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Tax-Free Growth
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Tax Saved vs Taxable Account
Year-by-Year Growth Projection (First 18 Years)
| Year | Age | Contributions | Growth | Balance |
|---|
How the Trump Account Calculator Works
Enter your child's birth year, planned annual contributions (up to $5,000), and expected return. The calculator projects account growth using compound interest, starting with the $1,000 government seed contributed at birth.
The Growth Formula
Year 1 Balance = $1,000 (seed) Γ (1 + r) + Annual Contribution Γ (1 + r)
Each Year = Prior Balance Γ (1 + r) + Annual Contribution Γ (1 + r)
Tax Savings vs Taxable = Growth Γ Assumed Capital Gains Rate (15%)
Each Year = Prior Balance Γ (1 + r) + Annual Contribution Γ (1 + r)
Tax Savings vs Taxable = Growth Γ Assumed Capital Gains Rate (15%)
Example
Child born 2026, $2,000/year contribution, 7% return, withdraw at 18:
Government seed: $1,000 | Total contributions over 18 years: $36,000
Seed grows to: $3,380 | Annual contributions grow to: $67,900
Total at age 18: ~$71,280 β all tax-free
Vs taxable account same contributions: ~$62,000 after capital gains tax
Government seed: $1,000 | Total contributions over 18 years: $36,000
Seed grows to: $3,380 | Annual contributions grow to: $67,900
Total at age 18: ~$71,280 β all tax-free
Vs taxable account same contributions: ~$62,000 after capital gains tax
Extended
Trump Account vs 529 Plan Comparison
Side-by-side comparison of Trump Account and 529 plan: flexibility, growth, and tax treatment
Trump Account vs 529 Plan β Side-by-Side
| Feature | Trump Account | 529 Plan |
|---|---|---|
| Annual Contribution Limit | $5,000/year | $18,000/year (gift tax limit); superfunding up to $90K |
| Government Seed | $1,000 at birth (2026β2028) | None |
| Tax on Contributions | After-tax (no deduction) | After-tax federal; some states give deduction |
| Tax on Growth | Tax-free (Roth-like) | Tax-free if used for education |
| Eligible Uses | Any purpose at age 18+ | Qualified education expenses only (tax-free) |
| Investment Options | US equity index funds only | Age-based portfolios, mutual funds, ETFs |
| Penalty for Non-Education Use | None after age 18 | 10% penalty + tax on earnings |
| Income Phaseout | $200K single / $400K MFJ | No income limit |
| FAFSA Impact | Counted as parental asset | Counted as parental asset (529) |
Dollar Growth Comparison (Same $2,000/Year Contribution, 7% Return)
| Age | Trump Account Balance | 529 (Education) Value | 529 (Non-Education) After Penalty |
|---|
Which Should You Choose?
- Choose Trump Account if: You want flexibility (child may not go to college), income is under $200K/$400K, you value the $1,000 seed money
- Choose 529 if: Child will definitely attend college, you want higher contribution limits, your state offers a deduction on contributions, income is above phaseout
- Use both if: Max Trump Account first ($5K), then contribute additional education savings to a 529 plan for maximum tax efficiency
Frequently Asked Questions
What is a Trump Account?
A Trump Account (officially called a "Money Account for Growth and Advancement" or MAGA account in early proposals) is a new tax-advantaged savings vehicle for children established under OBBBA legislation. The federal government seeds each account with $1,000 at birth for children born 2026β2028. Families can contribute up to $5,000 per year, and funds grow tax-free invested in US equity index funds.
Who is eligible for the government $1,000 seed money?
Children born between January 1, 2026 and December 31, 2028 are eligible for the $1,000 government seed contribution. There is no income test for the seed money β all eligible children receive it. However, family contributions above the seed phase out for incomes above $200,000 (single) or $400,000 (married filing jointly).
What are the contribution limits for a Trump Account?
Families can contribute up to $5,000 per year per child to a Trump Account. This limit phases out for single filers with income above $200,000 and married filers with income above $400,000. Contributions are made with after-tax dollars (similar to a Roth account), and all growth is tax-free.
How can Trump Account funds be used?
Unlike 529 plans that restrict use to education expenses, Trump Account funds can be used for any purpose once the child reaches age 18. Common uses include education, home purchase, business startup, or retirement. There are no penalties for non-education withdrawals, which is a major advantage over 529 plans.
How does a Trump Account compare to a 529 plan?
Trump Accounts offer more flexibility than 529 plans β funds can be used for any purpose, not just education. 529 plans have higher contribution limits (up to $18,000/year per the gift tax annual exclusion) but restrict tax-free withdrawals to qualified education expenses. Trump Accounts grow tax-free like a Roth, while 529 growth is only tax-free if used for education. For education-focused saving, both work well; for general wealth building, Trump Accounts are more flexible.