# Trump Account Picks Only SPYM for S&P 500

> Trump Account forces parents to choose SPYM over VOO.
- Title: Trump Account Picks Only SPYM for S&P 500 · 24/7 Wall St.
- Summary: Trump Account forces parents to choose SPYM over VOO. Parents must use SPYM in Trump Accounts as VOO is excluded by federal rules.
- Keywords: trump account, spym, voo, s&p 500, federal savings, index fund, etf, Trump, Account, Picks, Only, 500
- Source: 24/7 Wall St. — https://247wallst.com/investing/etf/2026/09/21/voo-and-spym-track-the-same-sp-500-yet-only-one-is-allowed-in-your-kids-trump-account
- Author: Jake FitzGerald
- Published: 2026-09-21T17:59:34+00:00
- Read time: 1 min
- Topics: trump account, spym, voo, s&p 500, federal savings, index fund, etf
## Trump Account Basics
Federal savings account for children launched in 2025 tax law.
## Why VOO Is Excluded
Treasury approved SPYM but not Vanguard's VOO for federal accounts.
## Both Funds Track S&P 500
VOO and SPYM mirror same stocks with near identical returns.
## SPYM's Advantage
SPYM trades at $90 per share vs VOO's $707 for smaller contributions.
## Federal Rules Apply
Parents must use approved funds only in Trump Accounts.
## What Parents Get
SPYM provides S&P 500 exposure with low cost and tax benefits.
## Key takeaway

Parents must use SPYM in Trump Accounts as VOO is excluded by federal rules.