Trump Accounts for All Generations Act

This bill permanently extends the existing Trump accounts contribution program by amending the Internal Revenue Code to remove its scheduled expiration date of January 1, 2029. This ensures the program's indefinite continuation, moving it beyond its initial pilot phase. Additionally, the legislation introduces an important enhancement by establishing an inflation adjustment for the program's $1,000 contribution amount. This adjustment will be applied to taxable years beginning after 2028, helping to maintain the real value of contributions over time. Conforming amendments are also made to strike the "pilot" designation from the program's name in various sections of the tax code.