Trump Accounts 

Are Now Open for Business

A new retirement savings vehicle called the “Trump Account” launched on July 4. Babies born between 2025 and 2028 get a $1,000 government seed, invested in a low-cost S&P 500 index fund. The accounts are designed for children and don’t require earned income. We applaud the effort to help children have their lifetime finance compound growth starting at birth.

Action: If you have a child under 3, visit trumpaccounts.gov to open an account and claim the $1,000 seed. Even without the government contribution, the ability to start a child’s retirement savings at birth is worth exploring. In Trump Account: A Children’s IRA Worth Understanding, it shows the following two charts: