Resources
Everything this site claims traces back to a primary source. Rules verified as of 2026-07-12.
Primary sources
- IRC §530A — the statute (uscode.house.gov)
- IRS Notice 2025-68 (irs.gov)
- Congressional Research Service overview R48910
- SEC investor explainer (investor.gov)
Open an account
- trumpaccounts.gov
- IRS Form 4547
- The Treasury "Trump Accounts" application
Eligible funds
The statute requires a low-cost S&P 500 index fund with capped fees. The default fund this calculator models:
| Ticker | Fund | Expense ratio |
|---|---|---|
| SPYM (default) | State Street SPDR Portfolio S&P 500 ETF | 0.03% |
| IVV | iShares Core S&P 500 ETF | 0.03% |
| VTI | Vanguard Total Stock Market ETF | 0.03% |
| SPTM | SPDR Portfolio S&P 1500 Composite Stock Market ETF | 0.03% |
| ITOT | iShares Core S&P Total U.S. Stock Market ETF | 0.03% |