How do I open a ‘Trump account’? The IRS has one simple solution for you.

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Why This Matters

The IRS allows individuals to start the process of opening a 'Trump account' (Coverdell Education Savings Account) before the contribution period begins in July, enabling early preparation for tax-advantaged savings.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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People can’t contribute money to the tax-advantaged accounts for children until July, but they can start the process of opening one now

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Original article published by MarketWatch on January 29, 2026.
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