Here's how a $1,000 'Trump account' could swell to $100,000 by age 21—and $2 million by 60—even with modest contributions from families

(Credit: Saul Loeb—AFP via Getty Images)

• The One Big Beautiful Bill that was signed into law last week includes a provision for so-called Trump accounts that provide a one-time contribution of $1,000 from the federal government for U.S. babies born from 2025 to 2028. Depending on how much is invested and how well the stock market performs, the accounts could grow substantially over time.

Parents are getting a new option to build wealth for their kids under the new tax-and-spending law signed by President Donald Trump last week.