Hear about the tax-deferred investment account for kids that's part of the One Big Beautiful Bill Act? While “Trump accounts” ...

One of the key provisions of President Trump's "Big Beautiful Bill" establishes so-called "Trump Accounts," designed to ...

The accounts are opened by parents or by the government when a tax return is filed. Family and friends can contribute up to ...

President Donald Trump’s “Big Beautiful Bill” includes a new way to save for children’s futures, which involves free money.

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, qualifying babies born between Jan. 1, 2025, and Jan. 1, 2029 would receive $1,000 in a Trump account opened by their parents or the Treasury.

Technically, any parent can open a Trump Account for their child. But only children born after Dec. 31, 2024, and before Jan.

Under the final iteration, the so-called Trump accounts are custodial individual retirement accounts for kids, with special ...

These new accounts might provide a nice bonus for new parents, but most Americans might not be able to take full advantage of ...

Trump Accounts are like a mix of Roth IRAs, 529s and brokerage accounts, but with more strings attached. They are funded with after-tax dollars, like Roth IRAs.