SeedlistParent guide · Source retrieved Oct 26, 2026
My co-parent and I are separated. Who controls the account?
Whichever eligible adult finishes the claim first gets control of the account; the Help Center says it is first come, first served. The money belongs to the child, not to the parent who manages it: Social Security’s rules say the custodian is not a co-owner.
Practical suggestions
These are Seedlist’s suggestions, not additional program rules.
- Agree with your co-parent on who will claim the account before either of you starts, and keep a copy of the account statements.
Keep going
Does my child already have a Trump Account?The IRS says eligible children were automatically enrolled starting October 1, 2026.My child was born before 2025. Can they get anything?They can still have a Trump Account, but they don’t qualify for the federal $1,000, which is only for children born 2025 through 2028.Did my child get Michael and Susan Dell’s $250?Invest America reports that $250 deposits were made for eligible children born January 1, 2016 through December 31, 2024 in qualifying ZIP codes.