Everything You Need To Know About ‘Trump Accounts’ Launching in 2026

Group 1 - The core concept of Trump Accounts is to provide a new type of investment account aimed at helping American children start saving from a young age, established under the "One Big Beautiful Bill Act" (OBBBA) and set to launch in 2026 [2][3] - Eligible U.S. citizens under 18 with a valid Social Security number can open a Trump Account, with an initial $1,000 provided by the U.S. Treasury for children born between January 1, 2025, and December 31, 2028 [3] - Parents can contribute up to $5,000 annually to their child's Trump Account, while employers can add up to $2,500, enhancing the potential for savings growth [3][6] Group 2 - Trump Accounts will allow for tax-deferred growth, meaning taxes will not be paid until withdrawals are made, and employer contributions will not affect the employee's taxable income [6] - The potential balance in a Trump Account can grow significantly over time, with estimates suggesting that a child could have $303,800 by age 18 and $1,091,900 by age 28 if maximum contributions are made [7]