US Code

Public Law 119-73 (01/23/2026)

26 U.S.C. § 128

Employer contributions to Trump accounts

(a)

In general

Gross income of an employee does not include amounts paid by the employer as a contribution to the Trump account of such employee or of any dependent of such employee if the amounts are paid or incurred pursuant to a program which is described in subsection (c).

(b)

Limitation

(1)

In general

The amount which may be excluded under subsection (a) with respect to any employee shall not exceed $2,500.

(2)

Inflation adjustment

(A)

In general

In the case of any taxable year beginning after 2027, the $2,500 amount in paragraph (1) shall be increased by an amount equal to—
(i)
such dollar amount, multiplied by
(ii)
the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins by substituting “calendar year 2026” for “calendar year 2016” in subparagraph (A)(ii) thereof.
(B)

Rounding

If any increase determined under subparagraph (A) is not a multiple of $100, such increase shall be rounded to the next lowest multiple of $100.

(c)

Trump account contribution program

For purposes of this section, a Trump account contribution program is a separate written plan of an employer for the exclusive benefit of his employees to provide contributions to the Trump accounts of such employees or dependents of such employees which meets requirements similar to the requirements of paragraphs (2), (3), (6), (7), and (8) of section 129(d).

Pub. L. 119–21, title VII, § 70204(b)(1)139 Stat. 186(Added , , .)

Editorial Notes

Prior Provisions

Pub. L. 97–34, title III95 Stat. 267Pub. L. 97–448, title I96 Stat. 2374Pub. L. 98–21, title I97 Stat. 84Pub. L. 98–369, div. A, title I, § 16(a)98 Stat. 505Pub. L. 101–508, title XI, § 11801(a)(10)104 Stat. 1388–520section 11821(b) of Pub. L. 101–508section 45K of this titleA prior section 128, added and amended , §§ 301(a), 302(a), (d)(1), , , 270, 274; , §§ 103(a)(1), (5), (b), 109, , , 2375, 2391; , §§ 121(f)(2), (g), 122(c)(3), (d), , , 87; , , , related to interest on certain savings certificates, prior to repeal by , , . For savings provision, see , set out as a note under .

section 140 of this titleAnother prior section 128 was renumbered .

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 119–21, title VII, § 70204(e)139 Stat. 188

“The amendments made by this section [enacting this section and sections 139J, 530A, 6434, and 6659 of this title and amending sections 529A, 4973, 6213, and 6693 of this title] shall apply to taxable years beginning after .”
, , , provided that: