Trump Accounts Privacy Statement

Last updated: May 7, 2026

This Privacy Statement (“Privacy Statement”) explains how Robinhood (as defined below) handles personal information in connection with the child’s Trump Account.

In this Privacy Statement:

  • You are referred to as the “Responsible Party,”
  • The child is referred to as the “Account Beneficiary,”
  • The child’s account is referred to as the “Account,” and
  • Robinhood Securities LLC (the “Trustee”); Robinhood Financial LLC (the “Broker-Dealer”) (collectively “Robinhood” or “we”).

The personally identifiable financial information we collect, and process is generally subject to a law called the Gramm-Leach-Bliley Act (the “GLBA”). You can review the GLBA-financial privacy notice. This Privacy Statement supplements our GLBA-financial privacy notice to provide more information about our data handling practices online. This Privacy Statement applies to mobile apps, websites, and other online services that provide features or functionality for the Account Beneficiary and the Responsible Party. Unless otherwise defined here, capitalized terms have the meanings given in this Privacy Statement.

1. OVERVIEW OF THE TRUMP ACCOUNT

A Trump Account is a type of traditional Individual Retirement Account with some special rules, as discussed in the Trump Account Trust Agreement (“Trust Agreement”). For a plain language explanation of the Account, including the rules, benefits, and important legal information about the Account, consult the Trump Account Disclosure Statement (“Disclosure Statement”).

The Trust Agreement provides important legal and federal tax information about the Account, including a description of the special rules that apply to the Account. This Supplemental Statement should be read together with the Trust Agreement.

This Account was established pursuant to an election made on IRS Form 4547. This is a federal program administered by the U.S. Department of the Treasury (“Treasury”) and supported by The Bank of New York Mellon (“BNY”) in its role as Treasury’s Financial Agent. Robinhood Securities LLC has been designated as the Trustee of this Account, acting on behalf of Treasury, and through Treasury’s Financial Agent, BNY.

2. INFORMATION WE COLLECT AND PROCESS ABOUT TRUMP ACCOUNTS

We collect information provided by the Responsible Party regarding themselves and the Account Beneficiary, when they use, apply to use or engage with, the Account, such as:

  • Identity Data, such as your name, date of birth, marital status, social security number, selfies/photographs/videos, government-issued identification documents, and other data on government-issued identification documents;
  • Contact Data, such as your email address, mailing address, and telephone number;
  • Profile Data, such as your username and password;
  • Information you provide us when sending a contribution: We collect information (including name, email address or phone number, and payment information) from the individual or entity contributing to the Account;

We also collect certain information about the Responsible Party and the Account Beneficiary automatically when the Account is used, such as:

  • Usage Information: We collect information about your activity on the Account, which includes device identifiers (like IP address or mobile device identifiers), pages or features you use, time and date of access, and other similar usage information.
  • Transactional Information: When a transaction is received, submitted, or completed via the Account, we collect information such as transaction amount, type and nature of the transaction, time and date of the transaction.
  • Information Collected Through Tracking Technologies: We, and some of our service providers and third-party partners, use technologies, including cookies and web beacons and software development kits, to automatically collect certain types of usage and device information. For information about how to disable cookies, review Your Controls.
  • Biometric Data: We extract facial geometry data from selfies/photographs/videos to verify your identity and detect/prevent fraud.

3. LIMITED INFORMATION SHARED WITH TREASURY SYSTEMS

We may transmit a subset of Account‑related information from our systems to Treasury (and to BNY, which serves as Treasury’s Financial Agent). Information that may be sent to Treasury includes information that may be used to:

  • Open, administer, and service the Account;
  • Verify eligibility for the Account under applicable law;
  • Support Treasury’s reporting, oversight, and operations of the Account; and
  • Comply with applicable laws, regulations, and Treasury instructions.

Account information sent to Treasury is subject to key safeguards:

  • Data minimization: Only information that the Treasury has determined is necessary for the purposes above is sent to the Treasury.
  • One‑way transmission: The Account Beneficiary’s account‑related information may be transmitted from our brokerage systems to the Treasury only. Information maintained in Treasury systems is not transmitted back to our brokerage systems.
  • Separate systems: Our brokerage platforms remain separate from Treasury systems and do not become government systems as a result of this limited data sharing.
  • Data deletion: Information maintained in Treasury systems is retained consistent with data minimization and deletion policies as required under federal law and as instructed by Treasury.
  • Federal privacy law: Certain information is subject to federal privacy law and Treasury requirements, not to Robinhood privacy requirements in the Privacy Statement.

4. WHAT HAPPENS IF YOUR TRUMP ACCOUNT IS ROLLED OVER

If the Account is rolled over or transferred to a different Trump Account, information related to the Account will continue to be handled under this Privacy Statement. However, we will retain data consistent with data minimization and deletion policies as required under federal law and as instructed by Treasury.

5. TRANSITION TO OTHER ROBINHOOD BROKERAGE SERVICES

The Responsible Party or the Account Beneficiary may open or maintain other Robinhood accounts or services. This includes accounts or services that are related to the Account, including:

  • Supplemental Account established if this Account receives excess funds; or
  • Successor IRA that is automatically created after the Account Beneficiary turns 18.

The terms “Supplemental Account” and “Successor IRA” have the meaning that is set forth in the Trust Agreement.

If you open or maintain other Robinhood accounts or services other than this Account:

  • Those accounts are governed by Robinhood’s Privacy Statement and applicable laws.
  • Information used solely to administer the Trump Account is not used to administer non‑Trump Account accounts, except as permitted by law.

6. HOW WE USE ACCOUNT INFORMATION

In limited circumstances, and only to the extent permitted by Treasury, certain information about the Account may also be used by us for operational purposes, such as:

  • Improving user experience, including account onboarding flows, customer support tools, and platform usability;
  • Measuring and improving system performance, reliability, and availability;
  • Conducting internal analytics and quality assurance related to Account operations;
  • Enhancing fraud prevention, security monitoring, and risk management; and
  • Debugging, testing, and maintaining Account related features and integrations.

We do not use the Account information for advertising or marketing.

7. HOW INFORMATION MAY BE SHARED

Your Account‑related information will be shared:

  • As discussed in this Privacy Statement,
  • With service providers supporting the Broker-Dealer operations, consistent with this Privacy Statement, or
  • As required by applicable law.

Robinhood may not sell information related to the Account.

8. RETENTION OF INFORMATION

We retain your Account-related information for as long as necessary to operate the Account and to comply with Treasury guidance and relevant laws. For example, we may retain certain data for the duration of your relationship with us and for a period of up to 5 years after the relationship ends in order to comply with our obligations as a regulated financial institution.

We may also keep Account-related information for a longer period, with Treasury’s consent, if required by law, or in connection with an ongoing or potential claim.

9. UPDATES TO THIS PRIVACY STATEMENT

We may update this Privacy Statement from time to time to reflect changes to the Account, legal requirements, or Treasury guidance. If we make material changes, we will update the “Last updated” date above and provide notice as required by law.

10. HOW TO CONTACT US

If you have questions about this Privacy Statement, including about how to exercise your privacy rights, contact us at privacy@trumpaccountsplatform.com.

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RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Funds held in your Robinhood Cash Card account at Sutton Bank are eligible for FDIC insurance up to $250,000 and will not accrue or pay any interest. The availability of FDIC insurance is contingent upon Robinhood maintaining records acceptable to the FDIC, as receiver, if Sutton Bank should fail. FDIC insurance limits apply collectively to all of your deposits held at Sutton Bank.

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

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All investing involves risk.

Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC), and clearing services through Robinhood Securities, LLC, (“RHS”) a registered broker dealer (member SIPC). While there is no additional cost to use Robinhood Legend, there are other fees associated with your brokerage account. Review the fee schedule for details.

Portfolio Management offered through Robinhood Asset Management, LLC (“Robinhood Strategies” or “RAM”), an SEC-registered investment advisor. For additional information about Robinhood Strategies, including about services, fees, risks, and conflicts of interest, review our firm’s brochure.

Futures and cleared swaps trading is offered by Robinhood Derivatives, LLC, (“RHD”) a registered futures commission merchant with the Commodity Futures Trading Commission (CFTC) and a Member of the National Futures Association (NFA). RHD is not FDIC insured or SIPC protected.

Cryptocurrency services are offered through an account with Robinhood Crypto, LLC (“RHC”) (NMLS ID: 1702840). Robinhood Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Review a list of RHC's licenses for more information. Cryptocurrency held through Robinhood Crypto is not FDIC insured or SIPC protected.

The Robinhood spending account is offered through Robinhood Money, LLC (“RHY”) (NMLS ID: 1990968), a licensed money transmitter. Review a list of our licenses for more information.

The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard® International Incorporated. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Robinhood Gold Card is subject to credit approval and underwriting. Robinhood Gold Card is offered by Robinhood Credit, Inc., and is issued by Coastal Community Bank, pursuant to a license from Visa U.S.A. Inc. Robinhood Credit, Inc. (“RCT”), is a financial technology company, not a bank.

Robinhood Gold is a subscription-based membership program of premium services offered through Robinhood Gold, LLC (“RHG”).

RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are affiliated entities and wholly owned subsidiaries of Robinhood Markets, Inc. RHF, RHS, RAM, RHD, RHC, RHY, RCT, and RHG are not banks. Investing products offered by RHF are not FDIC insured and involve risk, including possible loss of principal.

RHY is not a member of FINRA, and products are not subject to SIPC protection, but funds held in the Robinhood spending account and Robinhood Cash Card account may be eligible for FDIC pass-through insurance (review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement).

Funds held in your Robinhood Cash Card account at Sutton Bank are eligible for FDIC insurance up to $250,000 and will not accrue or pay any interest. The availability of FDIC insurance is contingent upon Robinhood maintaining records acceptable to the FDIC, as receiver, if Sutton Bank should fail. FDIC insurance limits apply collectively to all of your deposits held at Sutton Bank.

Options trading entails significant risk and is not appropriate for all customers. Customers must read and understand the Characteristics and Risks of Standardized Options before engaging in any options trading strategies. Options transactions are often complex and may involve the potential of losing the entire investment in a relatively short period of time. Certain complex options strategies carry additional risk, including the potential for losses that may exceed the original investment amount.

4784959

Robinhood, 85 Willow Road, Menlo Park, CA 94025. © 2026 Robinhood. All rights reserved.