President Trump Unveils $1,000 Investment Accounts for Newborn Americans

President Donald J. Trump has announced a groundbreaking initiative aimed at securing the financial future of America’s youngest citizens. In a White House roundtable attended by top business leaders, Trump introduced “Trump Accounts”, a federal program that will provide every newborn American with a $1,000 government-funded investment account.

The accounts, which will be tax-deferred and track a broad stock index, are designed to grow with the market, offering families a long-term financial asset. Parents and guardians will have the option to contribute up to $5,000 annually to further bolster their child’s savings.

“This is a pro-family initiative that will help millions of Americans harness the strength of our economy to lift up the next generation,” President Trump stated during the event.

The program, included in the One Big Beautiful Bill, has already passed the House of Representatives but faces challenges in the Senate. While business leaders such as Michael Dell (Dell Technologies), David Solomon (Goldman Sachs), and Dara Khosrowshahi (Uber) have pledged financial support for the initiative, some lawmakers have raised concerns about its long-term fiscal impact.

INVEST IN AMERICA 🇺🇸

President Donald J. Trump discusses "Trump Accounts" in the One, Big, Beautiful Bill, providing every newborn American child a $1,000 tax-deferred investment account for a prosperous future! pic.twitter.com/6NEHEwZtWt

— The White House (@WhiteHouse) June 9, 2025