New Federal ‘Trump Account’ Offers $1,000 Seed Deposit for Newborns and Potential Million-Dollar Growth
Families welcoming a child between 2025 and 2028 are eligible for a federally funded savings plan that starts with a $1,000 deposit and can receive additional annual contributions. The so-called “Trump Account,” created under the One Big Beautiful Bill signed by President Donald Trump in July 2025, is designed to give children an early stake […]