H&R Block helps millions of families open 530A Trump Accounts

• Company enrolled approximately 2 million accounts or one-third of all 530A Trump accounts nationwide 

• 90% of clients eligible for government seed money enrolled  

• Enrollment rates consistent across income levels  

H&R Block (NYSE: HRB) today released results showing that its first-mover commitment to 530A Trump Accounts has made it the national leader in helping families open the new tax-advantaged savings accounts. The company enrolled 90 percent of its clients eligible to receive the $1,000 government seed deposit, which includes families with children born between 2025-2028. 

Created under the Working Families Tax Cut, formerly called the One Big Beautiful Bill Act, 530A Trump Accounts are tax-deferred savings accounts for children under 18. In addition to the one-time $1,000 contribution from the U.S. Department of the Treasury for children born between 2025-2028, families, employers, and nonprofits can contribute up to $5,000 per child each year. Employers are able to provide up to $2,500 of that total. 

H&R Block built 530A Trump Account enrollment directly into every tax-filing experience. The result: H&R Block enrolled approximately 2 million of the 6 million Trump Accounts opened nationwide as of mid-June 2026. 

“Our mission is to help our clients build financial confidence and long-term security, not just at tax time, but all year round,” said John Thompson, vice president of financial services, H&R Block. “By making it seamless for families to open these accounts, we’re helping millions of parents take a concrete step toward financial planning for their children. That’s the value of having an expert in your corner.”  

An expert on your side makes a measurable difference 

Among the 303,000 H&R Block clients with newborns eligible for the $1,000 government seed deposit, the company drove a 90% enrollment overall. In its offices where clients worked with a tax pro, 99% of eligible clients enrolled. The 275,000 that enrolled could receive up to 275M in government contributions to their newborn’s Trump Account.   

H&R Block’s enrollment rates were consistent across income levels; reinforcing that accessible, expert-guided enrollment is key to making wealth-building tools work for people who need them most. 

Expert guidance that extends beyond tax season 

Throughout the year, clients can turn to H&R Block’s tax pros for guidance on financial decisions, like enrolling in 530A Trump Accounts, that can improve their outcomes at tax time.  

For more information on 530A Trump Accounts or to speak to a tax pro, visit hrblock.com.