It’s 2026, and the term "Trump account" has officially become a double-edged sword. If you’re searching for this, you’re either trying to get on his social media platform or you’re looking into the new federal savings accounts that just launched this year. Honestly, it's a bit of a mess because the naming is so similar.
The Truth Social Side: Joining the Digital Movement
Most people just want to know how to get on Truth Social. It’s the platform owned by Trump Media & Technology Group (TMTG). You’ve probably seen the headlines about the stock, Ticker: DJT, swinging wildly every time there’s a press conference.
Getting an account isn't like the early days. Remember the waitlists? Those are gone. Now, it’s a standard sign-up, but there are some technical hurdles depending on where you live.
How to Sign Up Right Now
First, grab the app. You can find it on the Apple App Store or Google Play. If you're on a desktop, just go to truthsocial.com.
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- Email or Phone? You’ll need a valid US-based phone number. They send a 6-digit verification code. If you try to use a VOIP number (like Google Voice), it’ll probably fail. They’re pretty strict about that to keep the bots down.
- The Age Gate. You have to be 18. No exceptions.
- The Handle. Your username starts with the "@" symbol. Choose wisely. You can change your display name later, but the handle is a bit more permanent.
Once you’re in, you’ll see "Truths" (posts) and "ReTruths" (shares). The character limit actually got bumped to 1,000 recently, which is way more than the old days of micro-blogging.
Verification: The Red Check
You want the red checkmark. It's the "verified" badge.
Unlike X (formerly Twitter), where you just pay for it, Truth Social’s red check is still mostly for "notable" accounts. We're talking journalists, brands, and government officials. However, they recently launched the Truth+ Patriot Package. If you subscribe to this premium streaming service, you get a "complimentary" red check.
Basically, you’re paying for the streaming, and the badge is the perk. It’s a clever way to bypass the "selling verification" criticism while still monetizing the user base.
The New 530A: The Financial "Trump Account"
This is where it gets interesting. If you aren't talking about social media, you’re probably talking about the 530A Trump Account.
This is the tax-advantaged IRA for kids that was part of the "One Big Beautiful Bill Act" passed last year. It officially opened for contributions on July 4, 2026. If you're a parent, this is likely what you actually need to figure out.
Who is Eligible?
The rules are specific. To open one of these "Trump accounts" for a child:
- The child must be a U.S. citizen.
- They must be under 18 on December 31st of the year the account opens.
- They need a Social Security Number.
The big draw? The $1,000 government seed contribution. If your kid was born between January 1, 2025, and December 31, 2028, the government literally drops a grand into the account to get it started.
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How to Open a 530A Financial Account
You can’t just go to any bank yet. Currently, the Treasury Department is handling the initial rollout.
You have to file IRS Form 4547. You can do this with your 2025 tax return, or you can use the new online portal at trumpaccounts.gov. I checked the site this morning—it’s finally live after months of "coming soon" banners.
Once the account is set up, you can contribute up to $5,000 per year. The cool part is that unlike a Roth IRA, the child doesn't need "earned income." You can just put the money in. Employers can even contribute as part of a benefit package.
The Investment Restrictions
Don't expect to day-trade crypto in these accounts. The law is very strict about where the money goes.
You’re limited to low-cost stock index mutual funds or ETFs. Specifically, these funds have to be composed of predominantly U.S.-based companies. There’s an expense cap of 0.10% (10 basis points). They really wanted to make sure people weren't getting fleeced by high management fees.
Vanguard and Fidelity have already started rolling out "Trump Account Compatible" ETFs that meet these exact specs.
Common Mistakes to Avoid
People keep getting scammed. I've seen dozens of "fast-track" services claiming they can get you a verified Truth Social account for $50. Don't do it. The sign-up is free. If anyone asks for a credit card just to "verify your age" on the social media side, it's a scam.
On the financial side, watch out for "Trump Account" advisors. You don't need an advisor to file Form 4547. It’s a one-page document. If you’re comfortable using TurboTax or H&R Block, you can do this yourself.
Actionable Steps for 2026
If you're here for the Social Media Account:
- Download the app from the official Apple or Google stores only.
- Verify your email immediately. If you don't, you'll get locked out of "Truth+" features.
- Check out the "Gems Leaderboard" if you want to see how the top creators are earning on the platform now.
If you're here for the Financial Savings Account:
- Go to
trumpaccounts.govand register your child's SSN. - File IRS Form 4547 if you haven't done your taxes yet.
- Decide if you want to keep the account with the Treasury or roll it over to a private broker like Fidelity once that option opens in late 2026.
Managing a "Trump account" in 2026 means staying on top of both your digital presence and your family's long-term investments. Both systems are still evolving, so keep an eye on those IRS updates.