The Trump administration’s new “Trump Accounts” program is drawing widespread attention as families learn they can receive a $1,000 federally funded deposit for each child born between 2025 and 2028. Modeled after an IRA for kids, the accounts allow parents and others to contribute up to $5,000 annually until the child turns 18, with major companies pledging matching funds. The initiative aims to boost long‑term financial security and encourage early wealth‑building for American families.
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