IRS Hearing on Eligible Investments for Trump Accounts Set for December in Teleconference Format

Local Impact on Families and Account Beneficiaries

The Internal Revenue Service hearing scheduled for December 16, 2026, will directly affect families across every state who have established or plan to establish Trump accounts for children. The proposed regulations, originally published August 21, 2026, focus exclusively on the assets permitted in these accounts before the calendar year in which the beneficiary reaches age 18.

Because Trump accounts are available without geographic restriction, the guidance on eligible investments carries nationwide implications. Families in urban centers like New York and Los Angeles, as well as rural communities in the Midwest and South, must monitor the outcome to understand permissible investment choices during the restricted early years of the account.

The hearing provides an opportunity for public input on these limits, ensuring that rules reflect practical considerations for account holders regardless of location.

Hearing Logistics and Participation Deadlines

The public hearing will be conducted exclusively by teleconference, eliminating any requirement to travel to Washington, DC. Individuals wishing to testify must submit written or electronic outlines of their topics by November 17, 2026. Each speaker will be allotted 10 minutes.

If no outlines are received by the November 17 deadline, the IRS will cancel the hearing and publish a cancellation notice. Those who wish to listen without testifying must email a request by 5 p.m. Eastern Time on December 11, 2026, using a subject line that includes the regulation identifier CC-00349938-26 and the phrase "ATTEND Hearing Telephonically."

An agenda will be posted on regulations.gov after the outline deadline. The IRS has also made provisions for accessibility accommodations for people with disabilities if requested by December 10, 2026.

Background on the Proposed Regulations

This notice of hearing concerns proposed rules issued by the IRS in August 2026 that clarify which investments are eligible for Trump accounts during the period before the beneficiary turns 18. The regulations aim to define a limited set of permitted assets for that initial phase of the account.

The original proposal appeared in the Federal Register on August 21, 2026. Today's Federal Register notice, dated November 4, 2026, simply schedules the hearing and restates the procedural requirements for public participation.

Republic Tax Relief notes that while this hearing addresses investment rules for Trump accounts rather than existing tax debt, individuals with separate IRS or state tax issues may still have questions about how these accounts interact with their broader tax situation. The firm offers a free, no-obligation initial consultation to evaluate suitability, scope, fees, and availability of private tax-resolution services for communicating with the IRS.

How to Submit Comments and Requests

Outlines may be submitted electronically through the Federal eRulemaking Portal at regulations.gov, clearly indicating IRS and the regulation number CC-00349938-26. Paper submissions can be mailed to the specified IRS address in Washington, DC.

All requests for special assistance or additional questions about testifying or attending should be directed to the Publications and Regulations Section via email or the provided non-toll-free phone number.