SEEDS Act of 2026
Summary
What This Bill Does
The SEEDS Act makes two changes to Trump accounts. First, it adds an index composed of digital assets to the categories of indexes that may be used for account investments. That investment change applies to investments made after enactment.
Second, it removes the scheduled end date from the federal Trump-account contribution pilot and removes the word pilot from the relevant tax-code heading, cross-reference, and table of sections. The contribution-program amendments apply to taxable years beginning after December 31, 2025.
Together, the changes make the contribution program ongoing and broaden the investment menu. The bill does not require an account holder to choose digital assets, prescribe a specific index, guarantee investment returns, remove other account safeguards, or state a new contribution amount in this text.
Who Benefits and How
Current and future eligible Trump-account beneficiaries gain continued access to federal contributions and an additional investment category. Families and account custodians gain more portfolio choice. Digital-asset index sponsors, asset managers, trading infrastructure, and custodial providers may gain demand. Future cohorts no longer face the removed January 1, 2029 contribution cutoff.
Who Bears the Burden and How
Federal accounts funding Trump-account contributions bear an ongoing cost after the former pilot window. IRS and Treasury staff must administer the contribution program indefinitely and adapt investment guidance. Account fiduciaries and custodians must evaluate digital-asset indexes and associated custody, valuation, volatility, and compliance risks. Beneficiaries can bear investment losses if they choose volatile indexes, while traditional index providers may face added competition.
Key Provisions
- Expands eligible Trump-account investments to digital-asset indexes.
- Applies the investment expansion after enactment.
- Makes the federal contribution pilot permanent.
- Removes the former pre-2029 contribution cutoff.
- Amends the program heading to remove pilot status.
- Amends related tax-code cross-references and tables.
- Applies contribution amendments to taxable years beginning after 2025.
- Preserves voluntary choice rather than requiring digital-asset investment.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Expands Trump accounts by making digital-asset indexes eligible investments and making the federal account-contribution pilot permanent for taxable years beginning after 2025.
Key Policy Areas
Trump Accounts, Digital Asset Investments, Federal Account Contributions, Tax-Favored Savings, Household Investment Policy
Primary Purpose
Expands Trump accounts by making digital-asset indexes eligible investments and making the federal account-contribution pilot permanent for taxable years beginning after 2025.
Policy Domains
Sections 2 and 3 Trump-account investment and contribution expansion
Identified Gains
- Future Trump-account beneficiaries
- Families receiving ongoing federal contributions
- Account custodians offering broader investments
- Digital-asset index sponsors
- Digital-asset investment managers
- Custody providers serving account portfolios
- Future cohorts beyond the former cutoff
Identified Costs
- Federal accounts funding permanent contributions
- IRS Trump-account administrators
- Treasury investment-guidance staff
- Account fiduciaries evaluating digital indexes
- Beneficiaries exposed to digital-asset volatility
- Traditional index providers facing competition
- Financial custodians managing digital assets
Sponsors
Legislative Progress
In CommitteeReferred to the House Committee on Ways and Means.
Introduced in House
Mrs. Kim (for herself, Mr. Timmons, and Ms. Salazar) introduced …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Account custodians serving future cohorts, Account custodians updating eligibility systems, Financial advisers serving Trump accounts
Alternative uses of federal contribution funding, Federal accounts funding permanent contributions, Federal auditors monitoring ongoing contributions
Families receiving ongoing federal contributions, Future cohorts beyond the former cutoff
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "custodian"
- → Financial institution administering Trump accounts
- "contributor"
- → Federal Trump-account contribution program
- "administrator"
- → Secretary of the Treasury acting through IRS
- "account_holder"
- → Trump-account beneficiary
- "index_provider"
- → Digital-asset index sponsor
Note: {'scope_ids': ['trump_account_expansion'], 'description': 'The bill permits but does not require digital-asset index investment, does not guarantee returns or name a specific index, and makes the existing contribution program permanent without stating a new contribution amount in this text.'}
Key Definitions
Terms defined in this bill
Taxable years beginning after December 31, 2025.
A digital-asset index added to the statutory categories eligible for Trump-account investment.
The section 6434 program after removal of its pilot label and the former before-January-1-2029 limitation.
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology