Newborns are getting $1,000 ‘Trump Accounts' — here's how it all works

Source NBC Local
Original Load Date Jan. 28, 2026, 10 p.m.
Last Updated Jan. 28, 2026, 10 p.m.
Original URL https://www.nbcchicago.com/news/local/newborns-are-getting-1000-trump-accounts-are-you-eligible/3882249/

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Parents of newborns could soon receive a major financial boost for their child’s future education. A new federal program — commonly referred to as a “Trump Account” — will provide eligible babies with a $1,000 government-funded investment account, and experts say it could grow significantly over ti...