During the growth period, distributions generally are not allowed. After age 18:
- Contributions you made (your basis) are not taxed when withdrawn
- Earnings, pilot program contributions, qualified general contributions, and employer contributions are taxed as ordinary income when distributed
- Trump accounts are calculated separately from other IRAs for determining the taxable portion
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.