The One Big Beautiful Bill (OBBB), passed in 2025, introduced innovative tools to help American families build wealth and plan for the future. In the current economic landscape, rising education costs, housing prices, and limited access to capital make it challenging for families—especially younger generations—to achieve financial security.
For construction firms seeking to attract and retain top talent, offering meaningful family-focused benefits is a powerful differentiator.
Trump Accounts: A New Benefit for Construction Workers
Trump Accounts are government-backed savings accounts established for children, with unique opportunities for employer and employee contributions:
- Employer Contributions: Companies can contribute up to $2,500 annually, tax-free, for each eligible child of an employee.
- Employee Contributions: In addition to employer funding, employees may voluntarily contribute up to $5,000 per year to their child’s Trump Account.
How Contributions Grow
Consider the impact of consistent contributions over time. If a company contributes the maximum $2,500 yearly from birth until age 18, with a projected 7% annual return (compounded):
- Total Employer Contributions: $45,000 over 18 years
- Estimated Value at Age 18: $90,947
This demonstrates how employer investments can more than double through the power of compounding.
Flexible Use for Life’s Milestones
Upon turning 18, account holders can access funds for a variety of approved purposes, giving young adults a strong financial foundation.
Account holders may choose to access funds for the following reasons:
- Obtaining higher education or post-secondary training
- Launching a small business
- Purchasing a first home
- Addressing emergency needs (disability, domestic abuse, natural disaster)
- Starting a family (up to $5,000 for a newborn)
Implementation Timeline and Compliance
- Start Date: Employer contributions are anticipated to begin July 4, 2026—one year following the OBBB's enactment.
- Regulatory Guidance: Final details from the IRS and Department of Labor are forthcoming. Employers should monitor updates to ensure compliance and effective implementation.
Why This Matters for Construction Firms
In the industry’s highly competitive labor market, construction firms need to go beyond wages to attract and retain skilled workers. Providing family-supportive benefits like Trump Account contributions signals a long-term investment in employees’ well-being and builds lasting trust.
Offering family-focused benefits will help:
- Enhance employee loyalty
- Reduce turnover and recruitment costs
- Position your firm as an industry leader in workforce support
Next Steps for Building Loyalty in Your Construction Company
The Trump Account, established under the OBBB, offers construction firms a unique opportunity to stand out and build loyalty by investing directly in what matters most to employees—their families and their futures.
For more information or to discuss how your organization can integrate Trump Accounts into your benefits program, please contact us today.