The letter emphasizes that while Trump Accounts and baby bonds are distinct financial tools, both share a common goal of helping families build long-term financial stability and economic opportunity. The letter encourages federal agencies to continue engaging with states and local organizations throughout implementation to ensure the program reaches the children and families who could benefit most.

The full comment letter was submitted to Treasury Secretary Scott Bessent and IRS Chief Executive Officer Frank Bisignano on May 8, 2026, and is available here.