H.R. 1 Master Class Plus: Trump Accounts in Practice
This webcast provides CPAs with a clear overview of Sec. 530A Trump accounts, including the setup, funding, taxation, distributions, and open issues.
Format
Webcast
Date
Feb 26, 2026
NASBA Field of Study
Taxes
Level
Basic
CPE Credits
1
Instructor
Daniel Snyder, Mark Gallegos
Availability
3 months
Product Number
WC5232437
Section 530A Trump accounts -- established in H.R. 1, P.L. 119-21, also known as OBBBA -- introduce a new investment planning tool for children and young adults.
In this one-hour technical webcast, CPAs can gain a clear, structured understanding of how Trump accounts are established, funded, taxed, and ultimately distributed — based on H.R. 1 and IRS Notice 2025-68.
This webcast includes:
- A side-by-side comparison of other child-focused accounts
- Answers to potential client questions
- A summary of what is known and what remains unresolved
Key Topics
- Overview of Sec. 530A Trump accounts
- Statutory framework and current IRS guidance (H.R. 1 and Notice 2025‑68)
- Eligibility rules and account establishment process
- Authorized individuals, account roles, and administration
- Contribution sources, limits, and coordination rules
- Tax treatment of contributions and basis tracking
- Investment restrictions during the growth period
- Distribution rules, guardrails, and age 18 behavioral considerations
- Comparison to other child‑focused savings and planning vehicles
- Unresolved issues and areas awaiting further guidance
- Tax‑season implications and practitioner considerations
- Using Trump accounts to support broader next‑generation and family value discussions
Learning Outcomes
- Recognize how a Trump account compares to other types of savings accounts.
- Recall eligibility and establishment process.
- Identify how different contribution sources are taxed and how basis is tracked.
- Estimate distribution guardrails and behavioral risk at age 18.
- Identify unresolved areas awaiting further guidance.
- Recall Trump accounts in client conversations as a catalyst for broader next-generation family value discussions.
Who Will Benefit
CPAs, tax practitioners, small firms, medium firms, sole practitioners, taxpayers
Group ordering for your team
2 to 5 registrants
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