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The accounts are opened by parents or by the government when a tax return is filed. Family and friends can contribute up to ...
Technically, any parent can open a Trump Account for their child. But only children born after Dec. 31, 2024, and before Jan.
These new accounts might provide a nice bonus for new parents, but most Americans might not be able to take full advantage of ...
Children born in the next three years can get free government money in a Trump Account, while other kids can open accounts ...
Hear about the tax-deferred investment account for kids that's part of the One Big Beautiful Bill Act? While “Trump accounts” ...
Under the final iteration, the so-called Trump accounts are custodial individual retirement accounts for kids, with special ...
There’s a new baby bonus for newborns on the block, referred to as the “Trump Account,” thanks to a recent law signed in 2025 ...
Under Trump’s “big beautiful bill,” children born in 2025 through 2028 will receive a $1,000 deposit into a Trump account.
Fact checked by Vikki Velasquez A new federal initiative known as Trump Savings Accounts offers a one-time, tax-deferred $1,000 investment for every baby born in the U.S. between Jan. 1, 2025, and Jan ...
President Trump's new investment program gives every American baby born through 2028 a $1,000 government head start. But ...