View Information Collection Request (ICR) Package

Time Remaining Days HR Min Sec

OMB Control No:	ICR Reference No: 202606-1545-015
Status: Received in OIRA	Previous ICR Reference No:
Agency/Subagency: TREAS/IRS	Agency Tracking No:
Title: Eligible investments for Trump accounts NPRM
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR: No
Type of Review Request: Regular	Date Submitted to OIRA: 08/27/2026

	Requested	Previously Approved
Expiration Date	36 Months From Approved
Responses	382,568,434	0
Time Burden (Hours)	6,670,234	0
Cost Burden (Dollars)	0	0

Abstract: Internal Revenue Code (IRC) Section 70204 of Public Law 119 21, 139 Stat. 72 (July 4, 2025), commonly referred to as the One, Big, Beautiful Bill Act, in relevant part, added new section 530A to the IRC. IRC Section 530A provides for the establishment of a Trump account for an eligible individual and for rules related to investments for a Trump account. IRC Section 530A(b)(1)(C)(iii) requires that, under the written governing instrument creating the account, no part of the account funds will be invested in any asset other than an eligible investment during any period before the first day of the calendar year in which the account beneficiary attains age 18. The collections of information in this notice are a recordkeeping requirement and third-party disclosures contained in proposed regulation § 1.530A-3(g)(2), (g)(4), (g)(5), and (g)(7). The recordkeeping requirement within this proposed regulation is related to the section 530A(b)(1)(C)(iii) requirement for the written governing instrument creating the Trump account to satisfy the requirement that funds will only be invested in eligible investments during any period before the first day of the calendar year in which the account beneficiary attains age 18, and is provided for in proposed regulation section 1.530A-3(g)(2). The first third-party disclosure requirement within this proposed regulation is related to the trustee disclosing to the account beneficiary of the Trump account how new funds and dividends will be invested in the Trump account, absent specific instructions by the account beneficiary, in order to meet the requirement that funds only be invested in eligible investments. This third-party disclosure requirement is provided in proposed regulation section 1.530A-3(g)(4). The second third-party disclosure requirement within this proposed regulation is related to the trustee disclosing to the account beneficiary of the Trump account how the funds from an investment that has ceased to be an eligible investment were re-invested in an eligible investment, in order to meet the requirement that funds only be invested in eligible investments. This third-party disclosure requirement is provided in proposed regulation section 1.530A-3(g)(5). The last third-party disclosure requirement within this proposed regulation is related to the trustee disclosing to the account beneficiary of the Trump account how the funds from an investment in an ineligible investment (that happened due to administrative error) were re-invested in an eligible investment, in order to meet the requirement that funds only be invested in eligible investments. This third-party disclosure requirement is provided in proposed regulation section 1.530A-3(g)(7).

Authorizing Statute(s): PL: Pub.L. 191 - 21 139 Name of Law: One, Big, Beautiful Bill Act
US Code: 26 USC 530A Name of Law: Trump Accounts

Citations for New Statutory Requirements: PL: Pub.L. 119 - 21 139 Name of Law: One, Big, Beautiful Bill Act

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
1545-BS14	Final or interim final rulemaking	91 FR 54280	08/21/2026

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 54280	08/21/2026
30-day Notice:	Federal Register Citation:	Citation Date:
	91 FR 54280	08/21/2026
Did the Agency receive public comments on this ICR? No

ICR Summary of Burden

	Total Request	Change Due to New Statute
Annual Number of Responses	382,568,434	382,568,434
Annual Time Burden (Hours)	6,670,234	6,670,234
Annual Cost Burden (Dollars)	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This submission represents a new collection of information associated with proposed regulations implementing section 530A of the Internal Revenue Code. The proposed regulations establish new recordkeeping and third-party disclosure requirements applicable to trustees administering Trump Accounts. Because this is a new collection, all estimated burden reflects statutory burden changes resulting from the proposed regulations.

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination. Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination. No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

Agency Contact: Justin Karlin 202 317-6091 justin.r.karlin@ircounsel.trea.gov

View ICR - Agency Submission