Trump launches "Trump Accounts": $1,000 dollars for every baby born between 2025 and 2028! 🇺🇸👶💰

President Donald Trump announced and his plan for savings accounts for newborns (officially called Trump Accounts) is already underway, part of the tax and spending legislation signed in 2025 (Working Families Tax Cuts / One Big Beautiful Bill Act).

● The federal government will automatically deposit $1,000 into an IRA-type investment account for every baby born between January 1, 2025 and December 31, 2028.

● Requirements: the child must be a U.S. citizen, have a valid Social Security number, and the account must be opened before they turn 18.

● Parents (or guardians) can contribute up to $5,000 per year (indexed to inflation starting in 2028), and employers can add up to $2,500 pre-tax.

● The money is invested in U.S. stock market index funds (low fees), grows tax-free, and can be used starting at 18 years old (for education, business, home, retirement, etc.).

● There are no contributions until July 2026 (the program officially starts on that date). To claim the $1,000, parents must open the account via IRS form 4547 or the portal trumpaccounts.gov.

Treasury Secretary Scott Bessent already predicts that up to 25 million families will benefit from the program, and companies like JPMorgan, Uber, Intel, and Nvidia have already joined with extra contributions. Trump calls it "a leap into the American dream from birth."