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GOBankingRates
GOBankingRates
Peter Burns

What the $1K in a Trump Account for Your Kid Could Grow To If You Don’t Invest Anything Else

Ron Sachs/CNP / SplashNews.com

The One Big Beautiful Bill Act, or OBBBA, was passed by Congress and became law on July 4, 2025. The new law covers a lot of ground, making changes to Medicaid, SNAP benefits, taxes and immigration. One provision, the Trump Account, aims to give the next generation a better financial future by encouraging long-term savings. Read on to learn what this provision is and how much you can make with a $1,000 contribution.

Find Out: I Asked ChatGPT How To Build Wealth for the Rest of Trump’s Term: Here’s Its Plan

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