Federal Register #2026-07514

Treasury Establishes System of Records for Trump Accounts Program (TAP)

The Department of the Treasury is establishing a new system of records for the Trump Accounts Program (TAP), which is designed to support the administration and oversight of special IRA accounts for eligible American children. - Government Buyer: - Department of the Treasury - Treasury Common Services Center (TCSC) - Fiscal Service (FS) - Purpose and Scope: - Creation of the TAP System of Records to manage eligibility, account management, and compliance for Trump accounts (a type of traditional IRA) - System will store personally identifiable information for program integrity and statutory compliance - Locations: - Records will be maintained at Treasury facilities and The Bank of New York Mellon - No procurement of products or services is involved - No OEMs or vendors are mentioned - No product or service line items requested - Notable Requirements: - Focus on privacy, eligibility verification, and program administration for a federal wealth-building initiative for children

Description

The Department of the Treasury proposes to establish a new system of records titled "Department of the Treasury, .031--Trump Accounts Program (TAP) System of Records." This system supports administration, oversight, and compliance activities related to Trump accounts, a type of traditional IRA for eligible American children to promote long-term wealth building. The records enable Treasury to manage program operations, ensure statutory compliance, and carry out program objectives. The system includes personally identifiable information necessary for eligibility verification, account management, and program integrity.

View original listing