The plan includes government seed deposits, parent and employer contributions, and stock-based investments.
The Council of Economic Advisers has outlined a proposal under the One, Big, Beautiful Bill to create
“Trump Accounts” for U.S. children under 18. Eligible children, born between January 1, 2025, and December 31, 2028, would receive a $1,000 initial government deposit, with parents allowed to contribute up to $5,000 annually and employers up to $2,500 tax-free.
Contributions must be invested in stock-based mutual funds or exchange-traded funds tracking U.S. indexes. Withdrawals would not be permitted until the beneficiary turns 18, after which the account would follow rules similar to traditional IRAs.
Projected returns vary based on contribution levels and market performance. For a child born in 2026, the account could grow to about $303,800 by age 18 and $1.09 million by age 28 with maximum contributions under average market conditions. If no additional contributions are made, the estimated balance would be approximately $5,800 at age 18 and $18,100 by age 28. Contribution limits are anticipated to increase with inflation.
As the Lord Leads, Pray with Us…
- For Chair Stephen Miran and members of the Council of Economic Advisers as they provide recommendations to the president and implement administration policies.
- For wisdom for President Trump as he encourages foreign and domestic investment in the U.S.
Sources: The White House
