Trump Accounts Explained: The Free $1,000 for Newborns, the $5,000 Cap, and How It Really Compares to a 529
Starting July 4, 2026, the U.S. government will seed a $1,000 investment account for babies born 2025–2028. Families can add up to $5,000 a year, invested in an S&P 500 index fund and locked until 18. The free money is real — but the tax