Rep. William Timmons of South Carolina’s 4th District has joined Representatives Young Kim of California and Maria Elvira Salazar of Florida in introducing the Savings and Early Exposure to Diversified Securities (SEEDS) Act of 2026. The bill aims to make TRUMP Accounts permanent and broaden investment options for families.
The SEEDS Act is intended to continue the work started by President Trump’s TRUMP Accounts initiative, which ensures that every child born in the United States receives $1,000 invested in the stock market at birth. The funds can be accessed when the child turns 18. The legislation seeks to provide families with more flexibility to manage long-term savings for their children.
Rep. Timmons stated, “By giving every child access to market-based savings at birth, TRUMP Accounts harness the power of American innovation and long-term growth. The SEEDS Act locks in this historic initiative and expands investment flexibility so families can build wealth and secure their children’s future.”
Rep. Young Kim added, “Every American deserves a stake in America’s Golden Age. President Trump’s TRUMP Accounts are unleashing economic opportunity by putting the power of the world’s greatest economy to work for our children and grandchildren. The SEEDS Act reinforces this transformative program by making it permanent and giving American families more flexibility to create and grow wealth.”
Rep. Salazar commented, “America is the land of opportunity and Children are the future of this nation, but opportunity must be built. There is no greater investment we can make than helping set up America’s children financially from birth… That is why I am so proud to co-sponsor the SEEDS Act. The Act builds on President Trump’s economic vision, to expand access to opportunity so that every child, regardless of zip code, can have a stake in the greatest economy in the world. By locking in these accounts permanently and expanding investment options, we are giving the next generation the tools to build wealth, pursue opportunity, and live the American Dream.”
If enacted, the SEEDS Act would amend federal tax law by allowing digital asset indexes as eligible investments under Section 530A and removing any expiration date from contributions made through TRUMP Accounts.
William Timmons has served as U.S. Representative for South Carolina’s 4th District since 2019 after succeeding Trey Gowdy. Before joining Congress, he was a member of the South Carolina Senate from 2016 until 2018. Born in Greenville in 1984, Timmons continues to reside there today. He holds a bachelor’s degree from George Washington University and a law degree from the University of South Carolina.
