530A “Trump” Accounts
Supporting Families and Expanding Wealth Access
Commonwealth is building a coalition of partners to expand awareness of and access to 530A accounts. Through research and resource development, we’re creating a roadmap to help trusted partners effectively reach and engage families. This work equips providers, employers, community organizations, and ecosystem partners with the tools, insights, and updates needed to support and sustain this historic investing opportunity.
New 530A accounts represent a historic investing opportunity for children, including a one-time $1,000 federal seed contribution from the federal government for eligible children born between 2025 and 2028. These accounts offer a way to begin building assets early and jump-start savings for the next generation. Check back as the research evolves or sign up to receive updates.
Who’s Involved
A Commonwealth Initiative
Made possible by the generous support of The Gitlab Foundation
Made possible by the generous support of The Vanguard Foundation
The Challenge
For many families, early investing opportunities can feel complex or inaccessible. Clear information, trusted messengers, and timely outreach are critical to ensuring families who want to participate have the opportunity to do so. By working alongside national, regional, and community-based partners, we are building a shared understanding of how to:
Communicate clearly about 530A investing accounts
Reach families at key decision moments (e.g., tax season)
Reduce confusion and increase confidence
Support long-term wealth-building outcomes
Because enrollment for these accounts is not automatic, without timely intervention, the best opportunities to reach and enroll millions of children born or eligible in 2025 and 2026 may be missed.
$1,000 contribution with no further deposits
A child who receives the $1,000 in this account at birth will start adulthood with nearly $3,000 or reach retirement (age 65) with over $44,000 invested (assuming modest 6% returns), even if no other deposits are made to the account.
Resources
Our Approach
Commonwealth is conducting research to better understand how families, particularly those living on low-to-moderate incomes, learn about and engage with these new investing accounts for children seed funded by the United States Federal Government. The research aims to provide a roadmap for how trusted partners can help increase awareness of the government’s $1,000 seed fund.
These accounts represent a new investing opportunity designed to help families build assets early—allowing families to jump-start savings for the next generation.
14 million eligible babies with 5.8 million from households living on LMI
Commonwealth’s 530A work is focused on:
Understanding how families learn about new 530A investing accounts
Identifying barriers and behavioral triggers that influence participation
Developing clear, effective outreach strategies for partners
Supporting equitable access among low-to-moderate income households
Through surveys, interviews, focus groups, and partner collaboration, we aim to generate practical insights that improve awareness and understanding and empower individuals to make decisions when engaging in 530A accounts.
Join the Work
We are actively seeking organizations interested in partnering on this research to ensure all families who want to take advantage of this opportunity have the information and support to do so.
Partners may:
- Be invited to participate in expert interviews to share any current trends or early insights
- Receive updates on early findings and outreach best practices
- Participate in future conversations and webinars
Looking ahead, we aim to expand the number of organizations we partner with to pilot and scale strategies focused on maximizing this opportunity, including adopting our messaging recommendations, with a goal of securing large demonstration partners that can rapidly scale our impact.
Related
Commonwealth Launches Effort to Optimize 530A “Trump” Account Enrollment Among Low-to-Moderate Income Households
Time-Sensitive Initiative Aims at Ensuring Broader Readiness for $1,000 Wealth Building Investment Accounts April 2, 2026 (BOSTON, Mass.)—Today, national nonprofit…