Can I withdraw money from a Trump account before my child turns 18?

Generally no you can not withdraw money from a Trump account before my child turns 18. During the growth period, distributions are prohibited except for:

  • Qualified rollovers to another Trump account
  • Qualified ABLE rollovers (only during the year the child turns 17)
  • Distributions of excess contributions
  • Distributions upon death of the account beneficiary

Note: The information on the Trump Account is intended for information and educational purposes only.  Interactive Brokers will continue to update and to share additional information as details are finalized. 

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What is a Trump account?
Does my child need to have earned income to contribute?
Can I invest in individual stocks or bonds?
How much can I contribute to my child's Trump account?