State Bonus Tracker
States and philanthropists layering extra deposits on top of the federal program. Updated as programs launch.
| State | Program | Status |
|---|---|---|
| Connecticut | Dalio family–funded bonus deposits for Connecticut children, layered on the federal program | Announced |
| More states are exploring add-on programs. We add each one here as it's officially announced; check back or watch Treasury announcements directly. | ||
How state bonus programs work
The federal 530A framework was designed to accept money from anywhere: families, employers, foundations, and states. 530A accounts, created under the One Big Beautiful Bill Act and officially marketed by the federal government as "Trump Accounts," launched on July 4, 2026, with an explicit invitation for philanthropic and state-level top-ups. Treasury has also confirmed it will accept philanthropic stock contributions at scale. The most prominent early example is Connecticut, where the Dalio family, long involved in Connecticut education philanthropy, has committed to bonus deposits for the state's children, stacked on top of whatever federal seed or Dell Foundation gift a child already qualifies for.
Why do state add-ons matter more than their headline amounts suggest? Compounding. An extra few hundred dollars deposited at birth grows for 18 years before the child can even touch it, and potentially decades longer under the account's post-18 IRA treatment. Use the growth calculator to see how early account dollars can compound, and remember these gifts don't count against your family's $5,000 annual contribution limit planning the way your own deposits do, though program-specific rules vary, so read each announcement carefully.
An announcement does not mean deposits have started. Programs may change before launch, and some proposals may not launch at all. We list programs only when an official source has announced them and label each one as "Announced" or "Paying." Confirm your child's basic eligibility with the eligibility checker and use the Form 4547 guide to open the account.
What qualifies for this tracker
A program appears here only when a state agency, named funder, Treasury, or another primary source publicly identifies a contribution connected to 530A accounts. General savings proposals, campaign promises, and programs that fund a different account type are excluded. “Announced” means a responsible organization has described the commitment but deposits are not confirmed as underway. “Paying” is reserved for a program with published implementation details indicating that eligible accounts are receiving or can claim funds.
For each entry we check geography, eligible birth years or cohorts, amount, whether action is required, and whether the contribution affects the ordinary annual cap. Missing details remain labeled unknown rather than inferred from another program. Because early announcements can change, use the linked official source before making a financial decision and send corrections through our editorial contact form.
How to plan around an announced benefit
Do not count an announced deposit in the family’s savings target until the program publishes eligibility and delivery details. Instead, open or activate the underlying account when otherwise appropriate, save proof of residence and the child’s identifying documents, and subscribe to the responsible agency or funder’s official updates. A press release may describe an intended amount without explaining whether families must apply, whether participation is automatic, or when the first deposit will arrive.
When details appear, check five items: eligible geography, birth years or other cohorts, residency date, action deadline, and the account status required to receive funds. Then determine whether the program says its contribution is exempt from the ordinary personal-and-employer cap. Do not infer cap treatment from a different state or philanthropic program; similar-looking deposits can operate under different authority.
What a missing state means
An absent state may have no announced 530A deposit, may be evaluating a proposal, or may operate a child-savings program using another account type. This tracker intentionally excludes programs that do not fund 530A accounts so the list does not imply benefits are interchangeable. Families can still use the federal account rules and any national or employer benefit for which the child qualifies.
If you find an official announcement we have missed, send the source through the corrections channel. We look for the responsible organization, amount or formula, covered group, status, and a direct connection to 530A accounts before adding an entry.