Sponsors (3)
The bill expands and makes permanent Trump Account benefits and allows crypto-index investments—giving families broader, predictable benefits and investors more options, while increasing retirement exposure to crypto volatility, regulatory and fiduciary complexity, and potential federal costs.
Taxpayers with eligible 'Trump accounts' can invest retirement funds in a digital-asset index, giving those account-holders a new diversification option and creating market demand for lower-cost indexed crypto products from financial firms.
Parents and families with eligible children gain permanent access to the Trump Accounts contribution benefit and children born after the prior cutoff become eligible, expanding who can receive or contribute to the accounts.
Taxpayers and the IRS get more predictable, ongoing tax-code treatment by converting a temporary pilot into a permanent provision effective after 2025, simplifying long-term administration compared with a repeatedly renewed pilot.
Retirement savers who invest Trump Account funds in a digital-asset index face substantial risk of large losses because crypto markets are highly volatile.
Allowing digital-asset holdings in retirement accounts increases regulatory complexity and could confuse taxpayers and financial firms over valuation, custody, and tax treatment of those assets.
Plan sponsors and financial firms face heightened fiduciary and legal risk if crypto-index products are later judged imprudent for retirement accounts.
Based on analysis of 6 sections of legislative text.
Allows child savings accounts to hold an index of digital assets and makes the contribution pilot permanent by removing the prior birthdate cutoff.
Allows accounts established under the existing child savings ‘‘Trump accounts’’ program to invest in an index made up of digital assets and makes the current contribution pilot permanent instead of temporary. The change letting these accounts hold a digital-asset index applies to investments made after the law is enacted; the permanence change applies to taxable years beginning after December 31, 2025. The bill amends the Internal Revenue Code to (1) add an “index comprised of digital assets” to the list of eligible investments for the accounts, and (2) remove the statutory sunset and the word “pilot,” converting the contribution pilot into an ongoing program for future eligible children.
Official title: To amend the Internal Revenue Code of 1986 to treat digital asset indexes as eligible investments for purposes of Trump accounts.
Introduced February 26, 2026 by Young Kim · Last progress February 26, 2026